Changes to ATOL have been in the news recently, with new plans to issue a certificate to each customer to clarify their holiday protection. Cover is also being extended to “Flight Plus” bookings, so customers who book their accommodation and/or car hire within one day of booking a flight will also be covered (tour operators will now have to apply ATOL protection to the booking).
The improvements mean that six million extra holidays will be protected every year – good news for the millions of holidaymakers who put together their own travel itineraries with travel agents, usually online.
Commenting on the changes, Aviation Minister Theresa Villers said, "These improvements will mean that up to six million extra holidays will be protected each year, providing much needed clarity and reassurance for millions of people.
"These reforms will equip ATOL to deal with the realities of the modern holiday market, enabling the scheme to protect holiday makers more effectively for many more years to come. This is an important step forward for consumer protection.”
Details of the ATOL reform can be found here
Meanwhile, timeshare buyers have enjoyed protection for over fifteen years now in Europe. With the original Timeshare Directive updated on 23rd February 2011, when the important New EU-wide Timeshare Directive was introduced for consumers’ added peace of mind, timeshare buyers do not have to put down deposits prior to purchasing and are entitled to a 14-day cooling off period under EU law.
Coupled with the Code of Ethics that members of the Resort Development Organisation (www.RDO.org) must adhere to, these financial safeguards have led to even higher satisfaction rates among timeshare owners.