Published Jun 21, 2016 12:00AM
NEW YORK – June 21, 2016 – Following the restructuring of its operations, IsramWorld, which includes Latour, EuropeToo, Isram, Elite Travel Collection, Asian Vistas, Belder Gray, Prideworld and A Women’s View, has resigned its membership in ³Ô¹ÏºÚÁÏÍø effective June 17, 2016, and as a result has ceased participation in the ³Ô¹ÏºÚÁÏÍø $1 Million Travelers Assistance Program.
“Travel agents should be aware that deposits made to IsramWorld on or prior to June 17, 2016 are protected under the ³Ô¹ÏºÚÁÏÍø $1 Million Travelers Assistance Program. Client deposits thereafter will not be covered by the ³Ô¹ÏºÚÁÏÍø program,” advises ³Ô¹ÏºÚÁÏÍø President and CEO, Terry Dale.
“A restructuring of our operations late last year has shifted our business model and operations to new areas of growth, and as a result IsramWorld will take a temporary step back from its Active Member status with ³Ô¹ÏºÚÁÏÍø,” said Richard Krieger, President, IsramWorld Portfolio of Brands. “We thank ³Ô¹ÏºÚÁÏÍø for their continued insights, support and friendship. As business progresses and expansion targets are met we look forward to discussing with ³Ô¹ÏºÚÁÏÍø our return to Active Member status in the not-too-distant future.”
Dale added that IsramWorld has been a valued partner since 1980 and appreciates the longstanding support the company provided to ³Ô¹ÏºÚÁÏÍø for 35 plus years. “We look forward welcoming IsramWorld back as a member in the future,” he said.
For more information on ³Ô¹ÏºÚÁÏÍø, visit , call 212-599-6599, or email information@ustoa.com.
About ³Ô¹ÏºÚÁÏÍø:
Representing more than $13.5 billion in revenue, the member companies of U.S. Tour Operators Association provide tours, packages and custom arrangements that allow nearly 8 million travelers annually unparalleled access, insider knowledge, peace-of-mind, value and freedom to enjoy destinations and experiences across the entire globe. Each member company has met the travel industry’s highest standards, including participation in the ³Ô¹ÏºÚÁÏÍø’s Travelers Assistance Program, which protects consumer payments up to $1 million if the company goes out of business.
As a voice for the tour operator industry for more than 40 years, ³Ô¹ÏºÚÁÏÍø also provides education and assistance for consumers and travel agents.
Contact:
Gina Dolecki
Redpoint Marketing PR., Inc.
212-229-0119
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