25 MAY 2020
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Specialist Leisure Group which includes leading coach companies Shearings and National Holidays has gone into administration with thousands of job losses and cancelled bookings.
Two of the Group companies, Shearings and Wallace Arnold, were members of ABTA while National Holidays and UK Breakaways were members of the Confederation of Passenger Transport (CPT).
The Group had over 64,000 bookings, the vast majority of which were coach package holidays. All package holiday bookings are financially protected so customers with these bookings will receive a full refund, with coach packages protected by the CPT. Shearings also offered a small number of flight package holidays which are ATOL protected and will be processed by the CAA.
The impact of the Covid-19 pandemic is believed to be the main reason behind the collapse of the Group, as it struggled to provide thousands of refunds for cancelled holidays while new bookings ground to a halt.
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