Worried About Your Travel Provider Collapsing?

Almost 1000 holiday makers were put under undue stress last week when the accommodation company Xcapewithus.com went under. This brings the toll to over 70 holiday companies who have collapsed over the past year including XL Leisure and Freedom Direct. What can you do to avoid this happening to you.

In the case of Xcapewithus, they were not a member of ABTA (Association of British Travel Agents) and did not have an ATOL (Air Travel Organiser’s License) so customers who paid by any other method other than credit card do not have much of a chance of seeing their hard earned holiday money.

Imagine, you save for a year putting aside a little every month to treat yourself and your family to a dream holiday. You scour the Internet looking the perfect hotel and the best flights. You hand over the cash to your holiday provider and eagerly anticipate your upcoming holiday, then you find out your travel provider has collapsed. How could this have happened?

What precautions should you take before booking your holiday?

Check to see if your travel provider is ABTA (Association of British Travel Agents) protected. ABTA offers protection for all holiday types, including hotels. If you are booking your holiday online they will usually have their ABTA number displayed on the website.

If your travel provider has the proper cover in place then you will be protected if something goes wrong. So it is a must to make this your first priority.

Get travel insurance! If you can’t afford travel insurance then you shouldn’t be going on holiday. Shop around online to see which travel insurance best suits you, there are tons of options out there.

Paying by credit card is somewhat safer is your credit card provider is protected by Consumer Credit Act. It is always best to check the terms with your bank.

Should you be worried about booking a holiday? No, and important to remember many travel providers offering flights, cheap hotels and transfers are indeed reputable companies. Just check that the travel company is protected before you book.