A Young Dream Collapses - The End of Dreamticket
The dream is over for travel technology firm Dreamticket.com as the firm announced it ceased trading today; only two months after it had managed to secure an investment deal from private equity group Hatfield Investments.
Just in 2008, a mere 3 years ago, Dreamticket Holidays was a bouyant and promising young business, included in The Sunday Times Tech Track 100 list that featured the UK's fastest-growing technology companies. Today, the picture is much different. There is gloom and doom surrounding the company and casting a huge shadow over the Dreamticket brand, as of 23rd May 2011 the travel company has announced to the public that it has officially ceased trading.
See DreamTicket offers page
for more information
and booking indications:
Despite substantial promises of investment from a new backer only two months ago, Dreamticket Holidays owner Selsdon Travel has closed the curtains and hung the trading hat for good.
Back in March it was reported that private equity investment firm Hatfield Investments, had bought a majority of shares in the long-haul online specialist and call centre. At the time Hatfield had said it was planning to acquire more travel companies with the aim of catapulting "Selsdon Travel into the top 20 travel companies in the UK" ...So much for those dreams turned to cloudy dust as Dreamticket can dream no more. Its trading eyes have shut to the travel world.
Dreamticket Holidays had an ATOL and was also a member of ABTA. The Croydon-based firm was the third biggest UK operator to the Maldives and it specialised in destinations in the Middle East such as Dubai holidays, as well as Indian Ocean holiday destinations. The firm was bonded to carry 17,300 passengers a year through its Atol and also traded as Holiday Master.
A statement addressed to customers currently abroad on a Dreamticket holiday, was released on the operator’s website a few hours ago and reads : “The CAA will be making arrangements to ensure customers of Dreamticket can fly home at the end of their holiday."
For customers still due to travel with the firm, the statement reads as follows: “Customers who made a direct booking using a credit card should contact their credit card provider. All other customers should make a claim from the CAA.”
Talk to a specialist
Call 020 7644 1770 to speak with our award-winning travel consultants.
Opening hours 10:30 - 18:30 GMT
Popular Holidays Browse all
Spend wonderful days exploring India's landmarks with a wealth of spectacular sights to see
- Private escorted tour upgrade from £99pp
- Indulge in a Rajasthani Feast in Jaipur
- Explore the legendary Taj Mahal
Whether it's gliding down waterslides, riding a pirate ship, or just relaxing on a lazy river at Pirate's Paradise Waterpark, fun is guaranteed for everyone!
- Surrounded by Montego Bay Marine Park
- Unlimited-Fun® All Inclusive resort
- On-site waterpark with a pirate ship
Ideal for trendy couples - stay at a chic and sleek hotel in the heart of vibrant Havana and then move on the shores of Cuba's most famous beach
- Get the honeymoon package with late check out, turn down service, special room upgrade and other services
- Full range of spa treatments for a more relaxing break at Blau Varadero, or a selection of water and land sports to choose from for the more active traveller
- Be swept away by the amazing panoramic views of Havana from the NH Capri's rooftop swimming pool
Use up to $2500 resort credit to indulge in spa treatments, golf sessions or a selection of excursions that will make your Cancun holiday truly unforgettable
- Kids and Teens Stay Free
- Exclusive Room Upgrade
- Up to $2,500 Resort Credit
Enjoy a holiday filled with sun and sand at Be Live Collection Punta Cana. To give you a teaser, expect plenty of...
Start your Cuban experience at the NH Capri Hotel, one of Havana’s most historically popular mafia-run hotels of the...
The Iberostar Parque Central Hotel is the perfect place to feel Cuba's beating heart and pulsating rhythms, and will...
Experience the height of luxurious comfort at the modern deluxe Pearl Rotana, designed to suit the needs of business,...
Situated right at the heart of the Port Rashid district, the Hilton Garden Inn Dubai Al Mina sits ideally between the...
Located in the city centre business district, the DoubleTree by Hilton Ras Al Khaimah combines stylish accommodation and...