Another travel company declares Chapter 11, cancels all trips

Core Insights - Several travel companies worldwide have shut down or filed for bankruptcy within the first month of 2026, indicating a troubling trend in the travel industry [1] Company-Specific Summaries - Canadian travel agency Vegas Vacations lost its operating license on January 9 due to customer complaints about invalid bookings [1] - British travel agency Regen Central Ltd ceased operations on January 13 after losing its Air Travel Organisers' License, with regulators advising customers to wait for liquidation proceedings to submit claims [2] - North America Destinations, based in Windermere, Florida, filed for Chapter 11 bankruptcy on January 15, specializing in tour packages to Disney World and Universal Studios for the Latin American market [3][4] - The bankruptcy filing for North America Destinations was made under Subchapter V, indicating it is a small business with less than $1 million in assets, reporting liabilities between $1 and $10 million to fewer than 50 creditors [5] - Approximately 50 employees specializing in the Latin American travel market are now facing uncertain employment due to the bankruptcy of North America Destinations [6] Industry Trends - The bankruptcy of North America Destinations was attributed to debts incurred during the COVID-19 travel slump, which worsened over time, highlighting ongoing financial struggles within the travel sector [8] - Local reports indicate that the bankruptcy filing followed a notice from the Orange County tax collector for $4,480 in unpaid taxes, suggesting financial mismanagement as a contributing factor [7]