In the first weeks of 2026, travel companies in multiple countries have ceased operations or sought bankruptcy protection.
On January 9, Canadian travel agency Vegas Vacations had its operating license revoked. Regulators acted after customers reported invalid bookings in flight-hotel packages they bought.
British travel agency Regen Central Ltd shut down on January 13. It lost the Air Travel Organisers’ License needed to function as a tour operator in the UK. Regulators have advised customers with booked trips to wait for claims processes once court liquidation begins.
In the United States, North America Destinations, based in Windermere, Florida, filed for Chapter 11 bankruptcy protection on January 15. The filing occurred in the Middle District of Florida.
North America Destinations was founded in 2000 by current chief executive John Hulsewe. The agency sold tour packages to Disney World and Universal Studios theme parks in Orlando, targeting Latin American and Brazilian markets. It operated as both a travel agency and wholesaler for local hotels and the theme parks.
The company filed under the Subchapter V section of the bankruptcy code, a simplified form for small businesses with under $1 million in assets. Its filing lists liabilities between $1 and $10 million owed to fewer than 50 creditors.
Approximately 50 employees specializing in the Latin American travel market face uncertain employment. The company could not be reached for comment on its current situation.
Local outlets report the bankruptcy filing followed an Orange County tax collector's notice for $4,480 in unpaid taxes.
In its filing, North America Destinations cited debt accumulated during the covid-19 travel slump as the primary reason for its financial problems. The debt grew into a significant burden.
Other tour operators that filed for bankruptcy in the past year have pointed to similar challenges, worsened by rising labor and operational costs.
North America Destinations maintains an active website. It is unclear whether it will continue operating during restructuring or shut down entirely.