Travel Agency Shuts, Ruining Easter Plans Of Many

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2018-03-21 HKT 11:06

Share this story

facebook

  • One of the victims said she's filed a report with the police. Photo: RTHK

    One of the victims said she's filed a report with the police. Photo: RTHK

Around 230 people have had their Easter holiday travel plans scuttled after a travel agency announced overnight that it may close down due to a cash crunch.

The licence of Action Holiday has been suspended after it notified the Travel Industry Council (TIC) on Tuesday night that it was suffering from financial difficulties.

The company told the council that some of the 235 customers affected had bought air tickets or travel packages for the Easter period.

The travel watchdog said it has received six complaints so far, involving around HK$600,000.

But because most of the affected customers did not receive any official receipts from Action Travel, the TIC said it may be very difficult for them to seek redress from the Travel Industry Compensation Fund.

Some of the victims have also filed reports with the police.

RECENT NEWS

Deep Diving Into The Virtual Banking Scene In Hong Kong

Imagine a world where you can access all your banking needs at your fingertips without ever having to step into a physi... Read more

Job Cuts Hit Morgan Stanley And HSBC In China And Hong Kong

In a move reflecting the challenging market conditions in the Asia-Pacific region, particularly in Hong Kong and China,... Read more

Endowus Launches Full-Service Wealth Management Platform In Hong Kong

Endowus, an independent digital wealth advisor in Asia, has officially launched its comprehensive wealth management pla... Read more

Mox Bank Names Igor Lau As Chief Customer Officer

Mox Bank has appointed Igor Lau as the new Chief Customer Officer (CCO), effective 1 April 2024. Igor Lau steps into th... Read more

Financial Services Are Among The Most At Risk For Digital Fraud In Hong Kong

In Hong Kong, financial services ranked second among the most targeted industries for suspected digital fraud last year... Read more

Three Chinese Firms Gets Nod To Launch Bitcoin And Ethereum ETF In Hong Kong

Hong Kong has taken a significant step by granting initial approvals to three Chinese asset managers to launch exchange... Read more