Travel Daily

Industry hit by EAN collapse

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A NUMBER of travel agents and industry suppliers are believed to have been impacted by the failure of Executive Assistants Network (EAN), a company which ran expos, conference­s and training events until its parent firm was placed into liquidatio­n last week.

EAN was operated by Calcon Communicat­ions Pty Ltd, which had administra­tors Trent Devine and Andrew Spring from accounting firm Jirsch Sutherland appointed as external administra­tors in a creditors’ voluntary winding up.

The company was founded in Sydney in 2005, and had been expecting to host an event next month, which now appears unlikely to proceed, with participat­ing exhibitors having already prepaid thousands of dollars to book exhibition space.

Hotels, car rental suppliers and profession­al conference organisers were set to take part, along with several travel agencies and corporate TMCs.

The EAN website at executivea­ssistant.com is still live, claiming more than 7,500 members drawn from over 2,900 organisati­ons across Australia.

The most recent update from EAN detailed the outcome of a conference and exhibition in Melbourne during Oct, as well as anticipati­ng similar upcoming events in Sydney and Perth.

The scale of the collapse is unknown at this stage, with the liquidator­s currently attempting to sell the goodwill of the business, which had an annual turnover of about $2 million.

Assets include the client list, domain names, accounts receivable/work in progress, various IT equipment & software.

The company’s directors and owners include Natasha Cannon and Jonathan McIlroy, both based on Sydney’s Northern Beaches.

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