Coronavirus Travel: Banks Block Billions Of Dollars On Lost Vacation New

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Vacationers trying to recover their money for trips disrupted by the coronavirus epidemic have been blocked by banks despite the right to reimbursement.

Travelers are estimated to owe £ 7 billion for unused vacations and flights amid anger over lack of government action to resolve the problem.

They are entitled to a refund within 14 days if their stay is canceled, and seven days for flights. However, tour operators offer credit notes or deferred reservations.

Many vacationers are unable or unwilling to accept tickets because they cannot travel at a later date or fear that the tickets will be worthless if the businesses go bankrupt. Industry Urged Government To Intervene To Guarantee Notes

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