While many travel agencies continue to have their market serving niche groups of travelers even in the digital age, a large number that have initially been able to stay in business end up coming upon hard times.
The situation has been particularly acute in the United Kingdom where, since the start of 2026, the long list of companies that ceased operations since the start of 2026 includes Trav Expert, Groupia, Salamander Voyages, Travel Bespoke, Regen Central, Set Sail Cruises, Yourtravelshop.com, Ski Yodel and TS Travels Group among others.
Some of the most common reasons for an abrupt financial collapse include rising operating costs, a sudden dropoff in customers and dependence on airline partners that themselves were hit hard by the recent spike in jet fuel costs.
Frasers Travel shuts down operations, cancels all trips
Launched out of the Ayrshire county in southwestern Scotland in 1986, Saltcoats-based Frasers Travel spent the last four decades selling what it marketed as trips to “luxurious long-haul destinations to fantastic short-haul holiday packages” all over the world.
These included regular flight-hotel packages to destinations such as Spain, Portugal and Australia as well as cruise bookings on major global lines such as Royal Caribbean and Norwegian.
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“We regret to inform you that Frasers Travel Ltd has today ceased trading,” the company said in a media statement (the website to the company now goes to a dead link). “We would like to thank all our past clients for their loyalty and support.”
Royal Caribbean
Frasers Travel trip canceled? What to do and how to get refunds
The sudden cancelation means that hundreds of customers who booked travel into the rest of 2026 are potentially affected. The travel agency said that any travelers with disrupted travel should email info@mclenancorporate.com, the insolvency company handling its case, for help.
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As a former member of the ABTA (a shortened form for the Association of British Travel Agents), Frasers Travel is protected through the business failure insurance that covers members.
“If you booked a flight inclusive holiday, your tour operator will be named on your ATOL Certificate under “Who is protecting your trip,” ABTA said in a statement on the situation with Frasers Travel. “To ensure your holiday continues as planned, you will need to contact the Credit Control Department of your Tour Operator with whom you have a contract. Your booking should continue as normal and they will now be your direct point of contact.”
These travel agencies also filed for bankruptcy in 2026:
- AVG Travels: The Melbourne-based travel agency selling cheap vacation packages to travelers in Australia and New Zealand sent more than 200 travelers an email saying that the trips were canceled before entering bankruptcy in May 2026.
- GoPlay Sports: In April 2026, the men’s basketball team of the University of Dallas was left without a planned trip to compete in the United Kingdom after Boston-based GoPlay Sports Tours LLC accepted two payments of $30,000 and then went unreachable.
- Havantur: Havantur was forced to shut down its main European office in France at the start of 2026 after tourist numbers to the Caribbean country plummeted due to U.S. military actions in Venezuela and threats against the country.
- Vegas Vacations and North America Destinations: Two travel agencies in the Canadian province of British Columbia, Vegas Vacations and North America Destinations, were shut down by regulators within a few days of each other in January 2026 after multiple travelers complained of buying trips that had invalid plane tickets and hotel bookings.
Related: Another travel company shuts down and cancels all trips, refunds available