Market Harborough-based tour operator Diamond Shortbreak Holidays Ltd has ceased trading due to “financial difficulties.”
Not to be confused with a one-time Swansea-based coach operator, Diamond Holidays did however, contract in coaches from operators for some of its breaks.
A statement from the company said: “It is with deep regret that Diamond Shortbreak Holidays Ltd., trading as Diamond Holidays, Diamond Rail Holidays and The River Cruise Line is in the process of going into administration.
“There are just under 7,000 current holiday bookings. As the company is a fully bonded member of ABTA and Atol, monies paid by our customers are protected.”
A statement from ABTA said: “ABTA member Diamond Shortbreak Holidays Ltd has ceased trading due to financial difficulties.
“This is clearly going to be very worrying for customers. Although unfortunately we have to confirm that their holidays are cancelled, the company’s non-flight based package holidays, such as coach or rail trips, are fully protected through ABTA.
“These kind of trips formed the majority of the company’s business, and customers with one of these bookings are advised to go to ABTA.com where they can start the process of claiming their refund.”
According to Travel Weekly, Arena Travel has acquired The River Cruise Line and Diamond Rail Holidays brands, which traded as Diamond Group Travel.
Arena Travel MD Steve Goodenough, said: “We’d like to reassure group leaders and loyal customers of The River Cruise Line and Diamond Rail Holidays that their bookings will be safe and that we will be working hard to minimise disruption through this period of transition.
“Our intention is to retain and build both brands, and to ensure that their portfolio of river cruises and escorted rail tours continues to operate to the usual high standard.”