Far and Wide brands go on sale
The 16 tour operators owned by bankrupt US company, Far & Wide, have started going ‘under the hammer’ in a Florida bankruptcy court.
The first batch of auctions saw the sale of six Far & Wide brands. Grand European Tours, Swain Australia Tours, African Travel and Lion World have been reported in the US media as being sold for $10 million to The Travel Corp.
The remaining two operators that were sold last week were High Country Passage and Pacific Bestours.
Another auction has been scheduled for later on this month. Far & Wide, a Miami-based holding company for 21 operators, filed for Chapter 11 bankruptcy on 24 September. According to the US media, consumers have begun to file insurance claims.
Read our previous stories:
26-Sept-2003 US travel firm Far&Wide collapses
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































Global tourism exceeds 1.5 billion travelers announces UN-Tourism
Qatar Airways offers reduced timetable to over 60 destinations
WTTC global tourism reached record economic impact of 11 trillion in 2025
Marginal increase for New York City tourism in 2025
Hands In, UATP join forces for airline multi-card payments