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Latin American travel agencies close due to Covid-19

10 de enero de 2021, 3:49 
Brussels, Jan 10 (Prensa Latina) Official reports inform of the closure of the most important travel and tourism agencies in Latin America due to the outbreaks of Covid-19.
The European electronic newsletter Reportur emphasized that some of the best-known brands of travel agencies in Latin America began to announce their closure in recent days.

Among them, Interjet Vacations, Politours or Solways, such as retailers and even online agencies like Enseña Almundo in Mexico and Colombia (Five large agencies dominate Latin America after bankruptcies).

Interjet Vacations, from Mexico, communicated to its clients a restructuring, which will leave it without reservations and without any type of refund.

This occurs after filing the application for bankruptcy on December 23, 2020, in the context of the serious crisis of its parent company due to the pandemic.

For its part, the airline Interjet confirmed that the restructuring turned into bankruptcy for Interjet Vacations.

In Argentina, the wholesaler Solways could not overcome the onslaught of the pandemic in October and filed for its own bankruptcy before the Court.

Also, before the end of 2020, the Brazilian group CVC, owner of Almundo, announced the discontinuity of Almundo Colombia and Mexico.

Meanwhile, Almundo Brasil will be managed by Submarino Viagensa, and Almundo Argentina will continue to operate normally (CVC suspends operation of Almundo Colombia and Mexico).

The Latin American outbound tourism business begins in 2021 with five large surviving agencies, such as the Brazilian group CVC and the Argentine Despegar, the Colombian Aviatur, the Mexican Pricetravel, and the Chilean-Peruvian Expertia.

It is a panorama that registered bankruptcies such as Solways, Interjet Vacations or Politours.

Aviatur closed 37 its own offices and 18 linked agencies, 55 in total, while suspending more than a thousand collaborators (Aviatur lost 55 agencies and a thousand collaborators).

Large Latin agencies survived 2020, while regional airline giants such as Latam Airlines, Avianca and Aeroméxico had to declare bankruptcy.

Along these lines, the largest hotel companies such as Posadas, Decameron, Camino Real or Grupo Palace had to undertake acute adjustment plans and new indebtedness.

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