TTA plans safetynet for agents and bed banks

Perrett, Michelle; Berman, Chloe
November 2009
Travel Weekly (UK);11/27/2009, p4
Trade Publication
The article reports that the Travel Trust Association (TTA) is working on a proposal to launch a dedicated trust fund to protect both bed banks and agents in the event of a failure. TTA has been studying the issue after ABTA's decision to force bed bank members to assume liability in the event of an agency failure. The TTA is considering offering a special class of membership for bed banks as an alternative to ABTA membership.


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