Is Your Summer Vacation At Risk? Another Boutique Sailing Company Just Went Bust ...Saudi Arabia

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In a heartbreaking note posted to their website, the company shared that after more than two decades of "wonderful sailing," they had taken the "difficult decision" to enter administration. According to reporting from The Street, the Belfast-based company reportedly owes over $1.2 million to various creditors, making it the latest victim in what’s becoming a bit of a bumpy year for the travel industry.

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Oia village townscape with traditional Greek windmills at sunset, Santorini Island, Greece

Alexander Spatari for Getty

Sadly, Salamander isn't alone in its struggle. From British firms like Great Little Escapes to French cruise operators, several luxury boutique agencies have buckled under the pressure of a changing market.

As travelers get savvier with DIY booking apps and consumer sentiment remains a bit shaky, the "Old Reliable" travel agencies are finding it harder to stay afloat. If you're one of the many travelers affected, the best move is to contact the administrators immediately to start the claims process—and maybe check that travel insurance policy one more time.

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