Package holiday pioneer goes into administration

The oldest package holiday company in London has gone into administration.

The Travel Club of Upminster, which was established in 1936, sold holidays to the Balearic Islands, Portugal and Greece. Yesterday its administrators, Shipleys, said the holiday company was "unable to continue trading as a result of an inability to meet guaranteed payments to key overseas accommodation suppliers".

Its owner, Tony Freudmann, told The Independent: "The staff battled very hard this year in very difficult trading conditions, and until the very last minute we hoped we would reach an accommodation with our supplier. A search for a buyer goes on."

The company was not bonded, because it sold accommodation independently of flights. Customers of the firm checking in at some Majorca hotels in the past two weeks had been asked to pay their bill a second time.

Only a few dozen customers are thought to have forward bookings. They have been told that their best chance of getting a refund rests with claiming from their credit-card company. The Travel Club of Upminster was established by Harry and Rene Chandler, following a cycling tour of Switzerland. The family then started selling the first discernible package holidays to Portugal – and are credited with "discovering" the Algarve as a holiday destination.

After the Second World War, the firm expanded across Europe, initially selling packages from Bournemouth to Basel for 42 guineas (£44.10). The Travel Club of Upminster traded successfully through to the turn of the 21st century, but the proliferation of choice made possible by the low-cost airlines undercut its business model. For the past two weeks, the company has been seeking another buyer.

Paul Chandler, who sold the business two years ago, said: "I'm sad that a pioneering company which provided holidays to hundreds of thousands of travellers is no longer able to compete in the increasingly consolidated industry." His new venture, Chandler's Travel and Cruise, is unaffected by the failure, and is a bonded member of Abta.

Arts and Entertainment
filmPoldark production team claims innocence of viewers' ab frenzy
Life and Style
Google marks the 81st anniversary of the Loch Ness Monster's most famous photograph
techIt's the 81st anniversary of THAT iconic photograph
News
Katie Hopkins makes a living out of courting controversy
people
News
General Election
Have you tried new the Independent Digital Edition apps?
Travel
ebookHow to enjoy the perfect short break in 20 great cities
Independent Travel Videos
Independent Travel Videos
Simon Calder in Amsterdam
Independent Travel Videos
Simon Calder in Giverny
Independent Travel Videos
Simon Calder in St John's
Independent Travel Videos
  • Get to the point
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

ES Rentals

    iJobs Job Widget
    iJobs Travel

    Recruitment Genius: Bid / Tender Writing Executive

    £24000 - £27000 per annum: Recruitment Genius: With offices in Manchester, Lon...

    Guru Careers: Marketing Executives / Marketing Communications Consultants

    Competitive (DOE) + Benefits: Guru Careers: We are seeking a number of Marketi...

    Recruitment Genius: Marketing Executive

    £20000 - £27000 per annum: Recruitment Genius: This well established business ...

    Ashdown Group: Management Accountant - Manchester

    £25000 per annum + Benefits: Ashdown Group: Management Accountant - Manchester...

    Day In a Page

    Revealed: Why Mohammed Emwazi chose the 'safe option' of fighting for Isis, rather than following his friends to al-Shabaab in Somalia

    Why Mohammed Emwazi chose Isis

    His friends were betrayed and killed by al-Shabaab
    'The solution can never be to impassively watch on while desperate people drown'
An open letter to David Cameron: Building fortress Europe has had deadly results

    Open letter to David Cameron

    Building the walls of fortress Europe has had deadly results
    Tory candidates' tweets not as 'spontaneous' as they seem - you don't say!

    You don't say!

    Tory candidates' election tweets not as 'spontaneous' as they appear
    Mubi: Netflix for people who want to stop just watching trash

    So what is Mubi?

    Netflix for people who want to stop just watching trash all the time
    The impossible job: how to follow Kevin Spacey?

    The hardest job in theatre?

    How to follow Kevin Spacey
    Armenian genocide: To continue to deny the truth of this mass human cruelty is close to a criminal lie

    Armenian genocide and the 'good Turks'

    To continue to deny the truth of this mass human cruelty is close to a criminal lie
    Lou Reed: The truth about the singer's upbringing beyond the biographers' and memoirists' myths

    'Lou needed care, but what he got was ECT'

    The truth about the singer's upbringing beyond
    Migrant boat disaster: This human tragedy has been brewing for four years and EU states can't say they were not warned

    This human tragedy has been brewing for years

    EU states can't say they were not warned
    Women's sportswear: From tackling a marathon to a jog in the park, the right kit can help

    Women's sportswear

    From tackling a marathon to a jog in the park, the right kit can help
    Hillary Clinton's outfits will be as important as her policies in her presidential bid

    Clinton's clothes

    Like it or not, her outfits will be as important as her policies
    NHS struggling to monitor the safety and efficacy of its services outsourced to private providers

    Who's monitoring the outsourced NHS services?

    A report finds that private firms are not being properly assessed for their quality of care
    Zac Goldsmith: 'I'll trigger a by-election over Heathrow'

    Zac Goldsmith: 'I'll trigger a by-election over Heathrow'

    The Tory MP said he did not want to stand again unless his party's manifesto ruled out a third runway. But he's doing so. Watch this space
    How do Greek voters feel about Syriza's backtracking on its anti-austerity pledge?

    How do Greeks feel about Syriza?

    Five voters from different backgrounds tell us what they expect from Syriza's charismatic leader Alexis Tsipras
    From Iraq to Libya and Syria: The wars that come back to haunt us

    The wars that come back to haunt us

    David Cameron should not escape blame for his role in conflicts that are still raging, argues Patrick Cockburn
    Sam Baker and Lauren Laverne: Too busy to surf? Head to The Pool

    Too busy to surf? Head to The Pool

    A new website is trying to declutter the internet to help busy women. Holly Williams meets the founders