British tour operator goes bust

British tour operator, Fairway Golf Holidays, has closed. The company sold package golf holidays to Portugal, Turkey and to Spain where the Costa del Sol, Costa Brava, Costa de la Luz, Tenerife and Gran Canaria were its main destinations. The British Civil Aviation Authority reports that the company closed for business on September 28, but that it was still to inform clients on its webpage, which would be the normal practice. The company as ATOL financial protection, which means that the CAA will get clients home. Meanwhile in a separate story, the British low cost accommodation company, Travelodge, on Monday opened their first hotel in the Valencia region. The hotel at Manises, the Travelodge Valencia Airport, has cost 10 million €. The 116 room hotel gives employment to 16, and is 90% full in its first week of operation. The company says it intends to open 12 hotels in the Valencia region in the next ten years, starting in Torrent, El Saler, Valencia, Castellón and Alicante.