Holiday firm promises sunny days ahead
A holiday company that received standing ovations for getting its customers home safe says it is determined to come back stronger than ever.
Read time: 5 mins Added: 02/04/2020
The Alfa Leisureplex Group takes over 115,000 people on holiday every year with a fleet of 48 state of the art modern tourist coaches and 22 seaside hotels across the UK, including popular resorts such as Newquay and Llandudno.
Most of its customers are over 60, so the business had to move fast to shut down its operations when the government advised against all non-essential travel on March 16th.
Managing director Emma Russell said: "As a responsible employee-owned business, we made the decision to close and bring our customers home straight away.
"We felt it was the right thing to do to get everyone home as soon as possible so they could stay safe, stock up on essential provisions and get ready for the social distancing measures that were coming into place.
"When we made the announcement, we got standing ovations in some of the hotels and we've been overwhelmed with messages of support from customers, who are really appreciative of what we've done."
Now Alfa has cancelled all its holidays until the end of April, with customers offered the option of either postponing their trip to a later date, getting a credit note valid until the end of 2022 or a full refund.
The reservations team are currently working from home to deal with customers' enquiries and refunds, whilst the majority of the firm's workers are currently on furlough.
A £1.9 million overdraft extension was agreed by Lloyds Bank within 48 hours to help fund the refunds.
Emma said: "The support we've had from Lloyds gives us the security that we know we can continue to refund customers and we haven't had to make any rash decisions about our employees' future.
"We're also using this time to plan our 2021 holiday programme and look at how we can improve the customer experience.
"We were a financially strong business before coronavirus and we fully intend to come back from this even stronger."
The £43 million turnover business, which is based in Chorley, Lancashire, is 75% owned by its 710 employees, who each receive an equal share of the company's profits.
John Csizmadia, relationship director at Lloyds Bank, said: "We have been Alfa's banking partner for more than 10 years now and we recognise that it is a robust business that just needs extra support during these testing times.
"It is a responsible firm that's working hard to do the right thing by its customers and colleagues, and it has our full backing.
"Clearly, the travel industry has been hit particularly hard by coronavirus, but we're working closely with our customers in the sector to provide the support they need."
All lending is subject to status.
Important legal information
The products and services outlined on this site may be offered by legal entities from across Lloyds Banking Group, including Lloyds Bank plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc and Lloyds Bank Corporate Markets plc are separate legal entities within the Lloyds Banking Group.
Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service. Please note that any data sent via e-mail is not secure and may be read by others.
Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no.2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.
Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.
Lloyds Banking Group includes companies using brands including Lloyds Bank, Halifax and Bank of Scotland and their associated companies. More information on Lloyds Banking Group can be found at www.lloydsbankinggroup.com
While all reasonable care has been taken to ensure that the information provided is correct, no liability is accepted by Lloyds Bank for any loss or damage caused to any person relying on any statement or omission. This is for information only and should not be relied upon as offering advice for any set of circumstances. Specific advice should always be sought in each instance.