Sunday, October 18, 2009

Allbury Travel Group will go bankrupt


The travel organisation the is led by Andreas Drakou and his collaborators will not support the pressure and will announce its bankruptcy just before Christmas,

This is what we think since the payments for last summer’s accommodation and services in Cyprus are paid with great delays and after huge pressures from the stakeholders.

Allbury Travel  that took over all Libra Holidays operations 2 years ago it was contempt to die since the directors were still managing the finances of the company as if they were their pocket money.

I am wondering how many tourists will stay in destinations and how many booking will remain unpaid.
It seems that hoteliers and other suppliers do not understand the bankruptcy of Allbury will take the reputation of the Cypriot Travel Product even lower.

I guess after this post I will get another phone call from them asking why I give them bad name. They will get their answer soon ... even better they will answer the question themselves in less than 2 months time.

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