Business
STA Travel goes into administration as pandemic wreaks havoc on tourism industry – 7NEWS.com.au
Many customers are still waiting for refunds or have credit vouchers with the company.
STA Travel has gone into administration as the tourism industry continues to struggle amid the coronavirus pandemic.
The student travel organisation, founded by two Australians whod returned from overseas, has closed its 27 stores across Australia for the foreseeable future, the ABC reports.
Deloitte Joint Voluntary Administrator Jason Tracy told the ABC that they were making an urgent assessment of STAs financial position.
He also said they were currently examining if a business sale or glob…
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