Singapore travel agency abruptly closes down – TravelMole true

[bsa_pro_ad_space id=26]

Singapore travel agency abruptly closes down

Thursday, 04 Apr, 2016 0
More than 300 customers have been left in limbo after a Singapore travel agency abruptly closed down.
S Travel, which specialised in South Korea trips, closed just one day before 40 customers were due to fly out on holiday.
They had paid up to S$1,800 each for their trips. 
The Singapore Tourism Board responded by suspended its license.
"STB is looking into the matter and may consider taking further actions against S Travel and its directors, if necessary," it said in a statement.
 Ken Lee, corporate secretary of S Travel, told local media the company had recently experienced ‘financial difficulties.’
The agency  owes about S$900,000 to its Korean partner, Jung Ho Travel for unpaid hotel bookings.
Authorities had recently announced a mandatory insurance sceme to protect customers after several Singapore agencies abruptly closed down during 2015 leaving travellers out of pocket. 

Related News Stories :   Cvent lists top 50 meetings destinations     Travelzest sees half-year profits plunge by 71%     Jennifer Bertholdt of Louisiana Tourism talks to Graham McKenzie on the eve of WTM23 about her plans and aspirations in 2024     Emirates Holidays gets new UK boss     Air New Zealand accepts first Boeing 777-200ER     Miami offers conventioneers new perks  


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.

Most Read

Ras Al Khaimah’s Tourism Triumph: A Conversation with Lyad Rasbey, RAKTDA Vice President

Turks and Caicos Tourism Resilience: A Collaborative Approach

Marriott International’s Antoinette Van den Berg Highlights Diverse Portfolio and Optimistic Outlook

Exploring Chile’s Sustainable and Adventurous Charms with Cristóbal Benítez

Sabah’s Deputy Minister of Tourism Advocates Sustainable and Inclusive Tourism

Tad Pierson

Media Getaway 2024 Unveiled: A Conversation with Howard Salinger of the Travel Connection Group

Ajman’s Sustainable Initiatives and Unique Experiences: A Conversation with Hind Sultan Al Marzooqi

Cruise Saudi’s Ambitious Voyage: A Conversation with Mashoor Baeshen

Air Transat’s Sonia Kurek Unveils Growth and Sustainability Initiatives in Exclusive Interview

Capturing the Magic of Sable Island: Geordie Mott’s Picture Perfect Tours

Exploring Blue Diamond Resorts with Alejandro Rodriguez del Peon

Your region selection will be saved in your cookie for future visits. Please enable your cookie for so this dialog box will not come up again.

Our emails to you has bounced Or You can change your email from your profile Setting Section

Price Based Country test mode enabled for testing United States (US). You should do tests on private browsing mode. Browse in private with Firefox, Chrome and Safari