Calis Beach and Fethiye Turkey Discussion Forum

General Topics => All things that have nothing to do with Turkey => Topic started by: KKOB on May 22, 2020, 19:16:48 PM

Title: SLG goes into administration.
Post by: KKOB on May 22, 2020, 19:16:48 PM

Specialist Leisure Group (SLG), which owns brands including Shearings, UKBreakaways.com, Wallace Arnold Travel, National Holidays and hotel chains Bay Hotels, Coast & Country and Country Living, said all tours, cruises, holidays and hotel breaks in the UK and abroad have been cancelled and would not be rescheduled. The company stopped taking bookings on Thursday.

https://www.theguardian.com/business/2020/may/22/uk-holiday-firm-slg-collapses-with-2500-job-losses

Title: Re: SLG goes into administration.
Post by: daveG on May 23, 2020, 11:29:07 AM

Shocked when I first heard of this. In common with a lot of my generation who has enjoyed their short "non drive element" coach breaks, they will be regrettably missed. 

Title: Re: SLG goes into administration.
Post by: KKOB on May 23, 2020, 11:56:43 AM

London Gateway Services, or Scratchwood as it used to be known, will suffer quite a loss of business when it reopens as it was the southern hub for Shearing's coaches.

Title: Re: SLG goes into administration.
Post by: Toky on May 23, 2020, 14:27:55 PM

I had a couple of long weekend coach trips booked with Caledonian Travel, which I am hopng I'll get my money back from.

Title: Re: SLG goes into administration.
Post by: Ray1951 on May 23, 2020, 20:45:37 PM

For a company like this to go into administration after such a shirt time, raises questions.  I bet the shareholders have ensured that their finances are safe and secure.  Why weren’t their staff furloughed instead of being thrown on the scrap heap?

Title: Re: SLG goes into administration.
Post by: KKOB on May 23, 2020, 21:58:43 PM

Because SLG has been struggling for a long while. Covid-19 has finished them off.

There will be others.

Title: Re: SLG goes into administration.
Post by: Scunner on May 23, 2020, 23:08:26 PM

Exactly KKOB - and sadly the older the client demographic the less chance for the company to survive.