When booking a holiday, most unsuspecting consumers will believe that their money is automatically protected. Unfortunately, this simply isn’t the case, and today’s travel market has seen a 450% increase in reported in rates of holiday fraud. Travel is an easy industry to defraud consumers, and unfortunately, it is possible for unscrupulous people to take advantage of this with relative ease.
In the past, the common way to purchase a holiday was to visit a local high street travel agent or to book your package holiday through one of the top ten companies in the industry. However, the travel industry has moved on from its traditional way of working, and with the vast majority of travel business now takes place over the internet, via online travel businesses.
This has provided a wonderful array of new and exciting travel opportunities to a range of exotic destinations which the average holidaymaker may not have otherwise been aware of. Many small, niche tour operators and travel agents have come to market, offering specialised accommodation, tour packages, and bespoke, affordable packages that were not so easily available, even ten years ago. The internet has allowed the travel industry to grow at a rate of knots and has allowed consumers travel options in even the most far-flung regions of the globe, but it has also resulted in a considerable increase in rates of holiday fraud. With this in mind, consumers must understand that when dealing with small companies, or big businesses such as Airbnb, you must ask some very simple questions to ensure your monies are safe.
Is the Company a Member of a Consumer Travel Protection Plan?
Under EU law, all consumer money should be always be protected as part of the Package Travel Regulations. This applies whether you are travelling within the UK, or to an international destination. Any package holidays involving flights should also be ATOL protected. As a consumer, this will ensure that your money is fully protected in the event of fraud, airline failure, or in the instance that a part of your holiday is either not delivered, or is not as was agreed during your purchase. Whilst this list is not exhaustive, the most popular names you should look for include:- Protected Trust Services, sometimes styled as PTS
- Travel Trust Association sometimes styled as TTA
- Association of British Travel Agents sometimes styled as ABTA
- Air Travel Organiser’s Licence, sometimes styled as ATOL
- Hays Travel
- Advantage Travel