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Lowcostholidays collapse

THE Australian operation of online holiday discounter Lowcostholidays has been caught up in the collapse of the company, which is believed to have impacted as many as 140,000 customers. It’s unclear what the scale of the local impact will be, with the Mallorca, Spain based business mainly targeting British tourists. The company formally launched its Australian business more than two years ago (TD 23 Jan 14) as part of a global expansion plan, with the Sydney based office headed up by Sophie ...

The above snippet is the first part of an article sent to subscribers in Travel Daily's issue from 20 Jul 16

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