According to AA Travel Insurance, more than 50 holiday firms have collapsed during the past 12 months, dashing travel plans for thousands and leaving others to pay for extra flights home.
Explains Christian Young, CEO of AA Travel Insurance: “Travel agents and operators selling package holidays that include the flight with other travel components (such as transfers or hotel) should provide the traveller with Air Travel Organisers’ Licence (ATOL) protection or similar. But this doesn’t apply to the increasing number who prefer to book their own separate holiday components such as flight, hotel or car hire – all of which are easy to arrange online.
“Uncertainty in the market is leading many travellers to build their own holiday arrangements and they may have little or no protection in the event of a company failure. They, as well as business travellers and weekenders and those driving in Europe, will now automatically enjoy that extra protection with AA Travel Insurance.”