This story has been updated since it was first published.
Travel Zone has confirmed that it is no longer trading.
Managing director, Delene Brown, posted the following message on Facebook this morning.
“Unfortunately Travel Zone has ceased to trade, effective November 30, and is in the process of being liquidated. The bank called in our overdraft, thereby effectively stopping operating funds and cash flow. In this economic climate and under some challenging trading conditions the last couple of years have been exceptionally difficult so we are not able to recover from this setback.”
For more on this story, see the next issue of TNW.