Hoteliers in Cyprus have finally received payments for the year 2008. Debts Libra Holidays created in 2008 are now, after a year, being paid by the new owners of Libra.
In spring 2008 Vasilis and Aimon, two directors , from the central offices of Libra in the UK were touring Cyprus agreeing with hoteliers the final debts for the season 2008. Various hoteliers have got their money (if not all a big percentage at least) and some of those hoteliers have cancelled commitment contacts for the current season (2009) since they are afraid of a second big time bankruptcy of Allbury Travel Group. The market in Cyprus has lost all the confidence in the company run by Andreas Drakou and his partners. The financial whole created in 2007 is still too big despite that court cases were won in Cyprus. Specifically a hotelier was very surprised to see that after winning the court case the court clearing agent went to the offices of Libra Holidays in Limassol but came back with empty hands since Libra was basically a ghost company without any assets, not even the office furniture belong t them.
If you are a hotelier I would suggest you contact Vasilis and / or Aimon at +44 871 226 7838 at Libra Holidays C/o Castle House 21 Station Road New Barnet Hertfordshire EN5 1PH or email at admin@allburytravelgroup.com and try to get your money for the year 2008 and think about accepting bookings from them. In my opinion the only bookings you could accept is pre-paid bookings before customer arrival.
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