Lowcost Holidays ceases trading

Lowcost Holidays have just ceased trading.

http://www.lowcosttravelgroup.com
«1

Replies

  • edited 15 July 2016 at 6:20PM
    Alan_BowenAlan_Bowen Forumite
    4.5K Posts
    Part of the Furniture 1,000 Posts Name Dropper
    ✭✭✭✭
    edited 15 July 2016 at 6:20PM
    This will affect a lot more than those who booked directly with Low Cost Holidays. Many travel agents, both on line and high street were buying accommodation from Low Cost Beds and then adding flights. Anyone due to travel should check their documentation and see if there is any paperwork with a reference to Low Cost Holidays or Beds. If there is contact your agent immediately

    Although many people thought it was a British company it wasn't, it traded out of Majorca for the last 2.5 years and did not hold an ATOL licence. They claim to have a licence to sell packages from the Majorcan government but many believe that the Majorcan government have insufficient experience to deal with this failure. Only time will tell but the link from their website to the Majorcan financial protection scheme takes you to the main government website, so good luck with that!
  • agrinnallagrinnall
    23.3K Posts
    ✭✭✭✭✭
    A report I heard on the radio suggested that the ATOL equivalent is the Spanish national scheme - I don't see why there would be a Majorcan scheme at all, it would be like the Isle of Wight having it's own scheme.
  • wingobinswingobins Forumite
    20.6K Posts
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    ✭✭✭✭✭
    My brother was due to go to turkey in couple weeks and booked with low cost but flights with Thomas Cook. He can't get onto any link it gives on website and he didn't pay hol with credit card so hasn't got the money to fork out for another hotel. Does any one have any advice I can give him?
    Big thanks to all who contribute to the forums. Be lucky everyone and be safe!
  • Moto2Moto2 Forumite
    2.2K Posts
    How did he pay? He may be able to do a charge back on a debit card

    Travel Insurance?
    Change is inevitable, except from a vending machine.
  • Alan_BowenAlan_Bowen Forumite
    4.5K Posts
    Part of the Furniture 1,000 Posts Name Dropper
    ✭✭✭✭
    If he has his tickets to fly, he should be able to fly as planned. The only good news is that hotels in Turkey have plenty of space, he needs to contact the hotel, confirm a booking and then pay again. If he booked everything as a package he should have a claim against the Majorcan financial protection scheme, each area in Spain runs its own scheme for companies based there, there are 18 I think but most of us in the UK travel industry worry that the scheme has never been tested and may not work quite as well as it should.

    If he used a debit card, contact the bank that issued it and see if they can arrange a chargeback against Low Cost, not as good as a credit card but maybe better than nothing
  • wingobinswingobins Forumite
    20.6K Posts
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    ✭✭✭✭✭
    He booked everything separately (on debit card) but his flights are still valid. I've just spoken to him and he contacted Yorkshire bank who confirms he should be covered for other losses and he has to ring the bank tomorrow.
    Big thanks to all who contribute to the forums. Be lucky everyone and be safe!
  • cgk1cgk1 Forumite
    1.3K Posts
    Tenth Anniversary 1,000 Posts Combo Breaker
    ✭✭✭
    "The only good news is that hotels in Turkey have plenty of space,"

    Likely a lot more come tomorrow!
  • wingobinswingobins Forumite
    20.6K Posts
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    ✭✭✭✭✭
    cgk1 wrote: »
    "The only good news is that hotels in Turkey have plenty of space,"

    Likely a lot more come tomorrow!

    And now there a Turkish coup...the Turkish military have took over and ceased control!
    Big thanks to all who contribute to the forums. Be lucky everyone and be safe!
  • redmalcredmalc Forumite
    1.4K Posts
    Part of the Furniture 1,000 Posts Combo Breaker
    ✭✭✭
    Skegness looks safe at the moment and the currency fluctuations should not be to much of a problem.
    If accommodation is full try Mablethorpe or Sutton on sea
  • bigadajbigadaj Forumite
    11.5K Posts
    Ninth Anniversary 10,000 Posts Name Dropper
    ✭✭✭✭✭
    redmalc wrote: »
    Skegness looks safe at the moment and the currency fluctuations should not be to much of a problem.
    If accommodation is full try Mablethorpe or Sutton on sea

    And no excess luggage fees for all those extra jumpers and coats as well, ideal.
This discussion has been closed.
Latest MSE News and Guides

Alexa, tell me some top tips

How can this Forumite maximise their smart speaker?

Join the Forum discussion

State pension shortfalls for women

MPs call it a 'shameful shambles'

MSE News