It’s been confirmed today that Melbourne based tour operator Tempo Holidays and Bentours have gone into voluntary administration.
Tempo Holidays and Bentours (AUS/NZ) issued a statement to media that as of 3.00pm on the 19th September 2019, the business could no longer trade commercially.
In the statement, the company said they had been advised by Cox and Kings (India) that the business had in recent weeks been “seeking investors/buyers with heavy interest however as this has not been materialised, as of today Tempo Holidays and Bentours are unable to continue operating in AUS/NZ.”
The company said the board is currently in the process of “appointing an official administrator who will then coordinate with all the interested parties.”
While the staff have been dealt with the devastating news today, the company says Tempo Holidays and Bentours staff will be “working with respective agents/suppliers and clients to assist in next steps once confirmed.”