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    Holiday Financial Protection – A Black Hole For Holidaymakers? II | The Crows Nest | HolidayTravelWatch

    Friday, July 3rd, 2009

    In a recent edition of the Travel Trade Gazette a letter was written by a travel agent under the title – ‘Protection crisis is harming the good guy’s reputations’.  It is important to consider the key points that this agent raised.  They argue that if you sell insurance or other financial products you have to be accredited or certified.  They also highlight regulatory requirements if you sell food or are involved in certain building work.  The writer of the letter then states – “So surely the ruling should be if you want to sell holidays and travel to the consumer, you must be bonded.  No bond, no business.  Too many companies come and go, owing thousands of pounds to consumers.  They offer ‘cheap’ holidays, often making pennies and wonder where it all went wrong.  This then tars us with the same brush.  The good guys are bonded, offer protection, have better knowledge and care about the consumer.  They are not there to make a quick buck”. Read More