Travel agency chain D-Reizen, which was declared bankrupt earlier this month, had 42 million euros in vouchers outstanding with its customers, the trustees have established. Stichting Garantiefonds Reisgelden (SGR) will pay out the value of these vouchers to some 22,000 people, the US Saturday.
When the bankruptcy was pronounced, it was already known that consumers who had received vouchers via D-travel would get their money back from the SGR for canceled holidays. The vouchers for package travel are covered by the guarantee fund, SGR director Erik Jan Reuver assured at the time.
D-Reizen pointed out the failure of the so-called voucher fund as the reason for the bankruptcy earlier this month. The company did not refund customers who made deposits for travel canceled by tour operators due to the corona crisis. Instead, vouchers were given.
In summary proceedings that D-Reizen had brought against the SGR and the State, the judge recently ruled that the company should not have acted in this way. In doing so, D-Reizen hoped to enforce that the vouchers issued by the travel agents would also be covered by the upcoming voucher fund.
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