BOSTON — Luxury cruise company Vantage Deluxe World Travel is filing for bankruptcy and selling its operation, amid ongoing investigations, lawsuits, and hundreds of consumer complaints.
The company announced Thursday it filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Massachusetts and agreed to be acquired by United Travel Pte. Ltd., an affiliate of Nordic Hamburg and Heritage Expeditions.
“Vantage has sought customary relief from the court to preserve the status quo pending completion of the sale. Vantage has sought approval to complete the sale promptly, subject to any higher and better offers that may be submitted through the court-supervised sale process,” the company wrote in a statement.
Vantage laid off its employees June 20, weeks after Consumer Rescue first reported the company quietly postponed all its cruises through Aug. 28. Consumer Rescue provided Boston 25 an email that shows Vantage was still contacting its customers about future trips as recently as June 26.
The Mass. Attorney General’s Office says it received 1,120 consumer complaints about Vantage since Jan. 1, 2020, including 478 complaints filed in 2023. 108 complaints came from Bay State residents. The AG’s Consumer Advocacy and Response Division said it had recovered more than $1.2 million for Vantage customers.
The Pennsylvania Attorney General’s Office filed a lawsuit against Vantage earlier this month, accusing the company of “deceptive and unfair business practices” and taking advantage of older residents “by continuing to hold their refunds hostage.”
This is a developing story. Check back for updates as more information becomes available.
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