Nine staff will lose their jobs after Regency Travel announced it's shutting up shop.
The travel agent, based on Duke Street in Douglas, says it's in the process of 'gradually winding down its business'.
The company will not be taking any new bookings unless they are in relation to the TT or Festival of Motorcycling - all existing bookings are unaffected.
Weather warning for snow tonight
MHK queries safety at primary school in Ballabeg
Gales put two ferry sailings at risk tonight
Should the Island throw a birthday party for Barry Gibb?
Warning issued over icy roads
High ground could see 4 inches of snow on Saturday night
Mountain Road unlikely to open before Monday
Yellow warning for freezing temperatures tonight