Destinations

The Old-Guard UK Travel Players that Are Stifling Innovation

Excerpt from Travel Weekly

Aug 22, 2013 8:06 am

Skift Take

From the ATOL fees to rules set up by ABTA, it’s difficult to try out new ideas unless you have an influx of cash from the start.

— Jason Clampet

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… Innovative ideas come from fresh-thinking young people, but the barriers to entry into the travel industry are now so high that few bright young things see a viable way to start a travel business.

When you apply for an Atol you have to lodge an expensive and sometimes unobtainable bond for four years in addition to paying the £2.50 per passenger Atol Protection Contribution, whereas the established competition does not have to provide any bonding.

How can that be fair? It is simply anti‑competitive.

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