WCS Big Five Promotions managing director Christo Maritz says things did not go according to plan during the World Cup.
This was after hundreds of home distributors, who invested thousands of rands in the company to accommodate tourists, were left in the lurch.
"We thought hotels would be full and people would then go to houses but that was not the case," Maritz said yesterday.
"We placed a lot of adverts but things did not work out.
"All those homeowners who paid deposits of R500 will get their money back at the end of the month as per agreement in the contract. "
The refunds will not have any interest.
But he said those who were agents and distributors would not get any refunds.
Maritz could not say how much the company had lost from not getting any bookings.
'I thought homes would get guests'
WCS Big Five Promotions managing director Christo Maritz says things did not go according to plan during the World Cup.
This was after hundreds of home distributors, who invested thousands of rands in the company to accommodate tourists, were left in the lurch.
"We thought hotels would be full and people would then go to houses but that was not the case," Maritz said yesterday.
"We placed a lot of adverts but things did not work out.
"All those homeowners who paid deposits of R500 will get their money back at the end of the month as per agreement in the contract. "
The refunds will not have any interest.
But he said those who were agents and distributors would not get any refunds.
Maritz could not say how much the company had lost from not getting any bookings.
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