While these reports will concern people awaiting refunds, we will continue to take all possible action to get people the money they are owed.”Ī claims process for all customers awaiting refunds will be put in place shortly by the TTA. The watchdog said: "We are monitoring the situation and are seeking further clarification. The CMA said it continues to monitor the situation and will take action to claw back the money owed by Truly Holdings. The CMA is in the process of taking Truly Holdings to court over a failure by the company to fully refund those who had holidays cancelled due to the pandemic. The TTA said refunds could up to 12 weeks to be processed. To claim your refund for your Alpharooms booking you will need to file a refund request and provide proof of payment and any reference numbers. The TTA said all customers with an Alpharooms accommodation-booking have been contacted and offered a refund. Teletext Holidays stops taking new bookings as fears of its collapse grow - your rights The Mirror has contacted Truly Holdings for a comment and will update this story shortly. It is also understood that Teletext Holidays is no longer taking new bookings, although it will honour existing holidays.Īny future bookings made via Alpharooms will not be fulfilled. The TTA, a trade body, confirmed that directors at Truly Holdings, which owns both firms, “sought the appointment of liquidators” after the company was pulled up by the UK’s competitions watchdog for failing to pay out millions in refunds for holidays cancelled due to pandemic restrictions. It is understood that Robert Cundy and Bijal Shah of Edge Recovery and Insolvency Practitioners were hired by Truly Holding a week ago to manage the company's closure.Įntering liquidation means the company has effectively run out of money - any remaining funds will now be used to pay the people it owes money to. Truly Holdings, which owns both firms, has ceased trading, according to the government's insolvency database. The administration, which affects more than 4,000 holidaymakers, comes after the Travel Trust Association (TTA) revoked the memberships of Teletext and Alpharooms on Friday on the back of financial concerns. "Car rental outlay fell by 30%, accommodation spend dropped by 21%, bus travel by 14%, and toll fees by 6%, as many people fell back into their regular routines close to home.Travel giants Teletext Holidays and Alpharooms have entered liquidation – in a move that could affect tens of thousands of holidaymakers still waiting on refunds from the start of the Covid outbreak. The 18 to 25-year-old cohort saw spending drop by 6%, with the return to college in September seen as the reason for the month's decline.Ĭlarkin added: "With memories of the summer holidays receding it was not surprising to see spending decline in certain areas, with travel impacted in particular. The 2023 Spending Pulse found that aside from France spending by Irish consumers abroad had fallen with Greece (-23%), Portugal (-18%), Spain (-13%) and Germany (-11%) all decreasing. "Perhaps the ever-growing number of fans supporting Andy Farrell’s side are biding their time until the knockout stages begin, which could see October’s spending rise dramatically if Ireland can reach the final in Paris at the end of this month."īank of Ireland debit and credit card spending dropped by a total of 8% in the month of September, which added to a trend that has seen September spending fall back by between 6% and 8% throughout 2021, 20. Head of Customer Journeys & SME Markets at Bank of Ireland, Jilly Clarkin said: "Ireland’s victories at the Rugby World Cup didn’t produce a social spending boost at home, even if card outlay rose in France as the competition progressed. READ MORE - Tina Satchwell: Gardaí find human remains at her home on third day of searchĭomestically, the games are yet to have the same impact as monthly spending in pubs was down 19%, in restaurants in dropped by 17% and in fast-food places 14%. In a nutshellĪccording to the latest Bank of Ireland Spending Pulse, fans attending Ireland's opening Rugby World Cup games in Bordeaux, Paris and Nantes have led to a spending increase of 9% in France. Irish fans attending this year's Rugby World Cup have led to an increase of 9% in Irish consumers' spending in France, as the monthly spending figures in pubs was down for the month of September by 19% according to Bank of Ireland.Īndy Farrell's men's pool wins have not created "a social spending boost at home", however many pub-goers may have been saving themselves for the knockout rounds which begin tomorrow when Ireland face New Zealand in the quarter-final.
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