Simad Holdings, operator of youth sleep-away camps in the Northeast including a Catskills retreat charging $16,750 for the summer, has filed for bankruptcy. The filing signals severe distress at the company, but the broader market impact should be limited to the niche travel and leisure/camp operator segment.
Simad Holdings, operator of youth sleep-away camps in the Northeast including a Catskills retreat charging $16,750 for the summer, has filed for bankruptcy. The filing signals severe distress at the company, but the broader market impact should be limited to the niche travel and leisure/camp operator segment.
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extremely negative
Sentiment Score
-0.90
