Yet ANOTHER UK travel firm goes bust - leaving customers 'stranded' abroad with all holidays suspended

A UK-based travel company has suspended all trips, the latest in a string of industry closures.Wayfairer Travel Limited, which was founded in 2012, specialises in package holidays to a range of destinations, from Africa to Asia, Europe and the Middle East.Offering trips including safari holidays, adventure-focused getaways and luxury alternatives, the firm has now closed its doors 'until further notice'.A statement from the company said: 'We are truly sorry for the concern and uncertainty caused by the current situation.'Wayfairer Travel has currently suspended all services until further notice.'At this stage, we are unable to provide further information until we have received the appropriate accounting and legal advice.'These discussions are currently under way, and we expect to provide a formal update during the week commencing 31 August.'We appreciate your patience and sincerely apologise that we cannot provide greater clarity at this time.' Wayfairer Travel Limited, which offered luxury and adventure package holidays, has closed 'until further notice'It is now taking steps to appoint an administrator. However, a number of customers currently on trips or with bookings with Wayfairer have argued they have been left in the dark.Yesterday one customer wrote on Trustpilot: 'Wayfairer left us stranded in Botswana. Do not use this company or whatever it rebrands as! If I could leave a zero star rating I would!'We are currently trying to complete our vacation out of pocket with no word from Wayfairer or offer of refund or compensation.' Association of Bonded Travel Organisers Trust (ABTOT) said: 'Because Wayfairer cannot currently provide certainty that affected packages will be delivered, ABTOT is putting arrangements in place to assist eligible UK customers.'ABTOT has warned 'do not travel' if you have booked a holiday with Wayfairer Travel on or before September 30, 2026.It added: 'If your departure is after 30 September 2026, await further information unless you are contacted directly with different instructions.' It's the most recent in a string of travel firm closures across the UKIdealista sources said: 'The price of homes for sale in Spain grew 12.5 per cent comparing prices this past August with those of August last year. 'That said, compared to this July, we can see that for the first time in 43 months - almost four years - prices have fallen. 'The monthly drop of 0.3 per cent is by no means a collapse, but it does reinforce the sense that prices are trending toward stability. 'This is evident in what has happened in the city of Madrid, where last year prices were growing above 20 per cent year-on-year, while this August they grew just 2.2 per cent. 'The high prices reached in major cities have led to an increasing number of families being unable to afford to buy, which is building up stock in these areas and easing price pressure. 'It does not appear that demand from expats - who generally have larger budgets covered by their employers - represents a significant share of this retreating demand. It is quite possible that in the coming months we will see this trend continue, and year-on-year price falls in specific areas cannot be ruled out.' The high prices reached in major cities have led to an increasing number of families being unable to afford to buy, a source revealedIt follows a wave of closures across the travel industry. Earlier this summer, another travel firm went bust after 28 years of trading, with all holidays cancelled and customers scrambling to get their money back. Global Vision International (GVI), based in Exeter, previously offered volunteering and charitable trips including placements in conservation, education and community development. But all current and future GVI programmes have been cancelled, and staff are supporting participants as they plan to leave their trips. Similarly, last month Ski Yodl Ltd voluntarily entered liquidation.The Norwich-based company previously offered ski holiday packages to destinations such as the French Alps, but now trips have been cancelled.