Hi Guys I work in the Travel Industry so would advise firstly as those above have done so to contact ABTA immediately.
If you have paid on a Credit Card you should have financial protection against losses as standard in line with the Financial Conduct Authorities regulations as the transaction is over £100.00. Contact your card issuer and explain the situation and they should look to investigate this for you so even if the company you booked with are not ABTA Bonded you should hopefully still get your money back. ATOL only comes into play if you booked
flights through either company.
You can also check companies house web site to see if the companies in question are solvent and where their businesses are registered within the UK, if no mention on companies house they are not based in the UK at all.
ABTA and ATOL is the minimum industry standard requirement within the Travel Industry, it costs a company around £50,000.00 to £100,000.00 per year to be a member but it ring fences your money until after you have traveled and that is where the protection comes into play.
My advice before booking a Villa through a company is to check companies House to make sure they have got a good history and don't go bust every couple of years. You then can check ABTA and ATOL protection through their web site too and once you've done the homework pay on a Credit Card.
If you are booking direct with an Owner, ABTA doesn't come into it so make sure you check reviews from a number of sources and again always pay the Deposit and final balance on a Credit Card.
Use social network sites, set up a page and if people have stayed at a particular Villa/
Apartment they will comment and join the page this gives you further reassurance the property and owners exist.
I really hope this is useful and those of you caught up in this mess have a positive outcome