Cheap Holidays Operator Goldtrail Holidays Goes Bust: What to do if you are affected

Created by Emma Healey - 19/07/2010

Tour operator Goldtrail, who specialised in cheap holidays to Turkey and Greece, went bust on Friday leaving thousands of holidaymakers stranded abroad and others with cancelled holiday plans.

It is the second victim this week in the travel industry with well known travel agent Monster travel going bust just a couple of days before.

The Civil Aviation Authority (CAA) has assured holidaymakers affected by the collapse of Goldtrail that their holidays will be covered by the ATOL protection fund. Those who haven't travelled yet may be able to claim a refund from the ATOL emergency scheme but should contact their travel agent in the first instance. There is also a claim form available on the CAA website - www.caa.co.uk and a helpline for those with forward bookings whose enquiry is urgent: 0844 856 2585

For holidaymakers already abroad:
A helpline has been set up by the CAA for any holidaymakers stranded overseas which is 0044 203 441 0846.

It is estimated that approx 50,000 people had booked to travel with Goldtrail over the coming Summer months. Travel companies, including holidayholiday.co.uk are currently helping holidaymakers re-book their Greece and Turkey Holidays.

All agents advertising on Holidayholiday.co.uk must be ATOL and ABTA bonded to be allowed to advertise. Read more about financial protection.