The cheapest package offered by Yurtel was £10,000 for a deluxe bell tent with options ranging up to £16,500 for a presidential suite, which featured a front deck with seating, a king sized bed and a sofa.
In an email to customers, the company said it ceased trading due to insolvency and would commence formal liquidation shortly.
It said that accommodation booked with Yurtel would not be available and advised people to book with another provider.
It added that money customers had paid "cannot be refunded" and advised that details of the claim process would be provided to creditors when liquidation has started.