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Published on : Wednesday, June 22, 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 USTOA effective June 17, 2016, and as a result has ceased participation in the USTOA $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 USTOA $1 Million Travelers Assistance Program. Client deposits thereafter will not be covered by the USTOA program,” advises USTOA 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 USTOA,” said Richard Krieger, President, IsramWorld Portfolio of Brands. “We thank USTOA for their continued insights, support and friendship. As business progresses and expansion targets are met we look forward to discussing with USTOA 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 USTOA for 35 plus years. “We look forward welcoming IsramWorld back as a member in the future,” he said.