Youtravel cancels bookings amid FTI insolvency
B2B bed bank Youtravel.com has cancelled bookings for the next week and is seeking clarity over the insolvency of owner FTI Touristik.
Tour operator FTI Touristik, part of the FTI Group, filed for insolvency this week.
Youtravel.com is a separate entity, although it says the situation has left accommodation partners anxious.
“It is important to note that currently, only the tour operator brand FTI Touristik is directly affected by this situation.” Youtravel said in an update.
We are a separate entity and are actively working on determining the future course of action without the support of FTI Touristik GmbH.”
“We acknowledge that currently, this does not offer sufficient clarity to our partners.”
It is ‘committed to working diligently in the days ahead to support all our partners.’
With the current uncertainty, Youtravel has cancelled the next seven days of arrivals from today.
“Further updates to be communicated shortly.”
FTI is Europe’s third largest tour operator and insolvency proceedings only impact the FTI Touristik brand – for now.
It comes just weeks after FTI announced a €125 million cash injection from a consortium of investors.
Related News Stories: Partner News – TravelMole Travel industry gathers in LA for IPW convention
Related News Stories: Travel firm Youtravel has cancelled bookings until end of next month ... UK holiday plans disrupted for thousands as Youtravel cancels ... Jochen Eversmeier on LinkedIn: Insolvent German our operator: FTI ... TUI Group leading the way in support for guests and hotel partners ... Major travel company cancels all bookings up to and including 26 ... Agents rebook clients as FTI collapse casts doubt on Youtravel ... UK holidaymakers face more chaos as hotel agent cancels all July ... Fallout from FTI Touristik failure affects multiple markets | Travel ... Major disruption as travel company cancels all holidays to July 26 ... UK holidays in chaos as travel operator cancels all July bookings ...
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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.































France prepares for a massive strike across all transports on September 18
Turkish tourism stalls due to soaring prices for accommodation and food
CCS Insight: eSIMs ready to take the travel world by storm
Germany new European Entry/Exit System limited to a single airport on October 12, 2025
Airlines suspend Madagascar services following unrest and army revolt