Parent Company of Super Break & Late Rooms Goes into Administration

Spanish consumer prices rose slightly in July from a year earlier the second increase in a row as the economy strengthened and retailers and hotels

Malvern Group - the parent company of travel brands Super Break and LateRooms.com - announced today it has ceased trading.

Owner, the Malvern Group, has fallen into administration, though Sky News is reporting that it is still hoping a buyer will be found.

If you made a booking with Super Break for accommodation only, the company chose not to protect those sales with Abta.

However, tickets for various attractions and entertainment are no longer valid.

The joint administrators are working closely with both ABTA (Association of British Travel Agents) and the UK CAA (Civil Aviation Authority) to minimise disruption to customers.

"This is equally hard for all our suppliers, partners and customers who will be impacted by this news", he said.

However, only package holidays have been financially covered through ABTA, and some holidaymakers who only booked accommodation through Super Break are reportedly being asked to pay again.

"LateRooms.com acted as an agent on behalf of your accommodation supplier, therefore we anticipate that your reservation is secure", the company said in a statement to customers.

Super Break hotel-only holidays would also be cancelled and those now on holiday would like need to pay again.

"The vast majority of holidaymakers' travel arrangements will be covered through one of a number of different types of financial protection". We want to reassure customers who have a Super Break booking with us that we will take care of them.

It understands Super Break had around 20,000 bookings involving approximately 53,000 people.

Malvern last month appointed accounting firm KPMG to oversee a quick fire sale of the company after India travel specialist Cox and Kings defaulted on its loan repayments.

Discount holiday firm Laterooms has collapsed into insolvency, along with York based travel company, Superbreak. The travel company has called in an emergency team who are contacting affected customers both now on holiday and those due to travel.

The Malvern Group's majority shareholder was the Cayman Islands-based Adiuvat Investment Fund, according to filings at Companies House.

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