TITLE

ABTA to hold liability talks with bed banks

AUTHOR(S)
Dennis, Juliet
PUB. DATE
July 2009
SOURCE
Travel Weekly (UK);7/24/2009, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the efforts of the Association of British Travel Agents (ABTA) to determine the liability after a travel agency failure. ABTA will discuss the issue with bed banks. Recently ABTA was criticized for directing consumers to bed banks to recover their money after collapse of a tour operator. Bed banks are considering to ask the agents for payment in advance or to held customers' money in a trust fund. Both options could create cash flow problems for operators.
ACCESSION #
43877740

 

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