Published on Tuesday, November 2, 2010
Dublin-based Chase Travel International, which sold exclusively through the trade, has ceased trading just three months after opening an office in Australia.
A message on the online travel company's website reads: "Dear Travel Agent, it is with great sadness that as of the 1st of November Chase Travel has ceased trading. The company is seeking professional advice on the next steps and a further update will be provided accordingly."
No-one was available for comment today.
Chase Travel was founded in 1990 and had operations in Ireland, the UK and France as well as Australia.
Around nine years ago it switched to become an online provider.
In an interview with TravelMole TV in 2007, director Michael Stevens said the business had been boosted by the booking trend from package to tailor-made, dynamically-packaged holidays.
The company sold hotels, apartments, flights, cruises, transfers and attractions, with services available to travel agents 24 hours a day. It did not hold an ATOL.
By Linsey McNeill
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The recent insolvency of Low Cost Travel Group, one of the large players in the travel industry had a big impact on the travelers, hotels and all related players from both wholesale & retail arms. There were about 27,000 people on a holiday who had booked through the company comprised of a €200 million wholesale arm and €500 million OTA / retail arm.