Balkan Holidays cancels trips, ceases UK operations

Balkan Holidays, a UK travel company, has abruptly ceased trading, canceling all future bookings and leaving customers without their planned trips. The company, specializing in Balkan region travel, cited its closure on April 24th, 2025, assuring refunds for affected customers. The firm, which served 130,000 people annually, offered trips to various European destinations. This closure follows a trend of struggling travel agencies, with the industry facing challenges like rising costs and online booking competition, leading to a decrease in physical travel agencies.