Posts Tagged ‘Regulation’


Holidaymakers need better protection, but not from the sun


Friday, June 26th, 2009

The summer is prime holiday time for 40 million of us Brits. Now there have been calls for the Government to look into the regulations covering holidays, according to BBC News. The Trading Standards authority have outlined that not only do package holidays coverage need to be reviewed but also that of holidays of any person going abroad, where regulation has been deemed to be outdated.

The outdated regulation has been levelled at the lack of ATOL protected holidays. ATOL protects against the travel agent going bankrupt and leaving passengers stranded. However, obviously in the current climate this is increasingly becoming an important aspect of any holiday making abroad. Vivid examples of this include XL which went down and led to thousands of people putting in claims for cancelled holidays.

Less than half of holidays are ATOL protected now, compared to 98% ten years ago. This is due to the increase of computer-customised holidays that mix elements of different holiday packages and subsequently aren’t fully ATOL protected.

Suggestions for rule changes include a blanket protection for all flights booked with scheduled airlines and protection for flights sold alongside another component, such as accommodation.

If you’re hoping to travel abroad this summer but may have to wait too long for your next paycheque, visit us at www.247Moneybox.com and see if we can help out with a payday loan.

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