Categories

Related Posts

HolidayTravelWatch Package Travel Regulations Tip - Price Revisions

We are often asked how travel providers can adjust their prices; where do they get their powers from?  The answer is contained within Regulation 11 of The Package Travel Regulations.  Firstly, no price revision can be made unless the contract specifically allows, and in particular such a revision must not only be upwards but also downwards.  It must also satisfy several conditions.  The contract must set out how the revision must be calculated, secondly the revision must relate solely to transportation and fuel costs.  Revision can be made for dues and taxes for services, such as landing fees or embarkation and disembarkation fees at ports and airports.  However, whatever revisions may be possible, no such revision ‘may be made in a specified period which may not be less than 30 days’ before the departure date.  In addition, ‘no price increase may be made in respect of variations which would produce an increase of less than 2%, or such greater percentage as the contract may specify’.  It is normal practice for ABTA members to seek approval for such price increases from their trade body; the decision to approve the rises are published on their website.

This article first appeared in the Travel-Zine of HolidayTravelWatch; Get’Away - Your Route to Travel Rights, Issue 6 - May 2008

Tags: ,

Leave a Reply

You must be logged in to post a comment.