IsramWorld Announces USTOA Resignation, Withdrawal From Assistance Program

contract
Photo by Freeimages.com/Oden Jaeger

IsramWorld has resigned is membership in the U.S. Tour Operators Association (USTOA) effective June 17 following a restructuring of its operations. As a result, it has also ceased participation in the USTOA $1 Million Travelers Assistance Program

IsramWorld includes the Latour, EuropeToo, Isram, Elite Travel Collection, Asian Vistas, Belder Gray, Prideworld and A Women’s View

Deposits made to IsramWorld on or prior to June 17 are protected under the USTOA $1 Million Travelers Assistance Program, but client deposits after that will not be covered, said USTOA President and CEO Terry Dale in a written release. 

DAILY NEWS & DEALS NEWSLETTER

Like this story? Subscribe to Daily News & Deals!

Featuring breaking news on the latest product launches, deals, sales promotions, and executive appointments. Be sure to sign-up for this free industry daily newsletter.

President of the IsramWorld Portfolio of Brands Richard Krieger said that IsramWorld is taking “a temporary step back from its Active Member status with USTOA” after a restructuring of the company’s operations late last year shifted its business model, and that the company looks forward to discussing with the USTOA a return to Active Member status “in the not-too-distant future.”

Visit www.ustoa.com

Suggested Articles:

Cruise Lines International Association (CLIA) has released a look at the top cruise trends to watch for next year. More here.

Puerto Rico is on pace to complete a record-breaking year in 2019. See what's new and what's planned for 2020.

The calendar of special wellness programing is led by Olympic medalists and award-winning athletes; activities include yoga, sailing, dance and more.