All holidays cancelled as UK holiday firm goes bust

Customers have been warned to check their tickets. <i>(Image: free)</i>
Customers have been warned to check their tickets. (Image: free)
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A UK travel company has stopped trading after thirty years in business. 

Gold Crest Holidays has ceased operations with immediate effect - which means that all holidays will be cancelled.

The West Yorkshire-based firm announced it had gone out of business on January 23, 2026.

In a statement published to their website, the directors of the company said: “We are deeply saddened to announce that Gold Crest Holidays has ceased trading with immediate effect and has taken steps to enter voluntary liquidation.

The holiday firm has gone bust. (Image: Newsquest)

“This difficult decision follows the severe impact of the COVID-19 pandemic, strategic changes in key partner arrangements that adversely affected our business, and a challenging trading environment with significantly rising costs.

“We are immensely grateful to our loyal customers, travel agents, suppliers, and dedicated staff for your support over the years. We are truly sorry we can no longer continue.”

Gold Crest Holidays was known for its coach trips to locations like Disneyland Paris, as well as to Christmas markets and sporting events.

Gold Crest Holidays has confirmed that the Association of British Travel Agents (ABTA) will “handle refunds and assistance”, and has told patrons to have their booking reference and proof of payment ready.

While all future packages with the company have been cancelled, ABTA said that it is possible that some tickets procured by the company could remain valid.


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A statement from ABTA read: “We are sorry to inform you that Gold Crest Holidays Ltd, also trading as Advent, Advent Tours and Overseas Dream Weddings ceased trading on 23 January 2026 and we are now treating this company as a financial failure.

“We regret that all future packages have been cancelled. If you are holding tickets for certain events these may still be valid and you can contact the event organisers to check this. You will however have to make alternative travel and accommodation arrangements.”

Gold Crest added: “We apologise for any disappointment or inconvenience caused. ABTA will provide clear support to affected customers.

“Thank you for the wonderful memories.”

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