STB suspends travel agent licence of Deal Travel

SINGAPORE: The Singapore Tourism Board (STB) has suspended the travel agent license of Deal Travel from Jun 4 until further notice, it announced in a press release on Friday (Jun 24). 

The suspension of the company's travel agent licence is due to its failure to submit "the necessary documents to verify its compliance with the minimum financial requirements" to STB according to regulations. The authority has also received complaints from Deal Travel's business partners regarding significant payments owed, it added.

The company, which was registered in April 2013, has listed vouchers for travel deals on e-commerce site Deal.com.sg to regional destinations such as Batam, Bintan and Hanoi. The details of its licence on STB's website list Deal.com.sg as its website, and an email address with the domain of parent company Ensogo. 

Ensogo reportedly shuttered its Southeast Asian operations earlier this month, and Thai newspaper Bangkok Post wrote on Wednesday that Ensogo Australia confirmed it will no longer provide financial support to its subsidiary Southeast Asian business units.

"These decisions have been made to preserve the company's cash for new investment opportunities," the Bangkok Post quoted Ensogo co-founder Kris Marszalek as saying. 

An official statement from the Australian Securities Exchange on Tuesday said the company had voluntarily requested a suspension in trading for its ordinary shares. One of the reasons was that it no longer intended to provide financial support to any of its subsidiaries and the withdrawal of financial support would likely result in these subsidiaries shutting down. 

As of Friday evening, both Deal.com.sg and Ensogo's websites were no longer operational. 

STB said that during the period of suspension, Deal Travel is required to fulfil its existing contractual obligations to its customers but is not allowed to accept new travel bookings.

Affected consumers should contact Deal Travel regarding the status of their booking or refund, and in the event that the company cannot be reached or fails to deliver the service contracted for or a refund, consumers with applicable travel insurance should approach their insurance providers for assistance, STB added.

Those not covered by travel insurance can also approach the Consumers Association of Singapore (CASE) or the Small Claims Tribunal (SCT), where appropriate.  

The latest list of licensed travel agents in Singapore can be found on the Travel Related Users' System (TRUST) website.


Source: STB suspends travel agent licence of Deal Travel

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