• TTC September TTC Insights Travelcast

Thanks for your interest in our TTC Insights Travelcast.

What we covered on this webinar:

  1. The economic backdrop and consumer fundamentals
  2. Current trading and company announcements from Jet2.com, TUI, Trip.com and Airbnb 
  3. September ATOL renewal trends 
  4. What happens if you don’t renew your ATOL on time? 
  5. The key things you need to be aware of when planning the future of your finance function 

This was recorded on Thursday 19 September, so so please keep in mind that things may have changed since then.

We would love to hear your thoughts, feedback and any questions you may have about the topics we discussed – please don’t hesitate to reach out to us. We’re always here to help.

Speakers

Martin is one of TTC’s Directors and manages the day-to-day running of the business.

He also helps operators, lenders, and investors in the travel sector to fix a range of financial regulatory and strategic problems, often related to ATOL, ABTA or IATA.

Prior to TTC, Martin qualified as a Chartered Accountant with PricewaterhouseCoopers and worked in the ATOL department of the Civil Aviation Authority.

He is a prominent travel industry commentator, regularly sharing his opinions in The Telegraph, The Times, Wall Street Journal and on BBC television (though mainly the 5am slots that Simon Calder doesn’t fancy).

Having given up on his dream to play lead guitar for an international rock band, he now moonlights as an under-appreciated taxi driver for his two daughters. Thankfully, his years as a Sunderland supporter have taught him to cope well with disappointment.

With over ten years as an ATOL Analyst for the CAA’s Consumer Protection Group under his belt, Simon brought a wealth of travel experience to TTC when he joined in 2012.

He loves helping travel businesses fix regulatory and strategic problems, usually related to ATOL, ABTA or IATA. Simon works with a range of clients, from start-ups to large corporates requiring regulatory support.

Simon also works with several international companies, helping them implement expansion plans into the UK. He specialises in compliance with the Package Travel Regulations and the European Package Travel Directive and is a regular speaker at travel industry events.

When he’s not working, you can find Simon playing football (injuries permitting), cycling with his son or dancing with his daughter.

Michael joined as Group CFO in December 2023, leading the financial operations of Travel Trade Consultancy, The Travel Vault and Stonecot Trustees, as well as supporting clients in areas such as M&A and strategy.

Although a newcomer to the travel industry, Michael has previously led finance teams in the media, advertising, tech and consumer sectors in both start-up and large corporate environments. This includes three years running a craft beer company, which really was as much fun as it sounds.

When his head’s not in a spreadsheet, he can usually be found knee-deep in mud – either dog walking in the Kent countryside with the family or trying in vain to keep on top of the patch of weeds that passes for a garden (Alan Titchmarsh needs to watch his back).

Looking for more regulatory, strategic and finance insights?

We regularly share views and updates on a range of travel industry issues in our news & insights hub.

Visit our news & insights page

Testimonials

We’ve worked with a wide range of clients over the years, from household names to brand new start-ups.
Here are what some of them had to say about our services.

"We appointed TTC to assist with the regulatory aspects of carving Travelopia out of the TUI Group. Martin and his team worked closely with the senior management team throughout the very complex transaction process, providing advice and guidance on all licensing and bonding matters. TTC's in-depth knowledge of the ATOL, ABTA and IATA requirements and their previous travel sector transaction experience was invaluable in helping us conclude a successful sale to KKR."

Dominic Binefa Finance Director at Travelopia
"Since taking over the TTC finance team have streamlined our back office. We have management information we never had and peace of mind our finances are taken care of, enabling us to focus on the business."
Gary Dellar/Des Pluss Managing Directors at Lupus Travel Management
"Thanks to TTC for assisting us with the regulatory clearances on the deal. We’ve worked with Martin and the team for many years now and you can really rely on them to deliver when it counts. Their experience of working on lots of transactions in the travel sector helped at all stages in the process from early negotiations all the way through to closing which helped us to get the deal done and in-line with the required timeline."
Matt Quinlisk FD at DER Touristik UK

"We asked TTC to help us secure an ATOL to launch Trip.com in the UK market. Simon and the team have been fundamental in getting the licence approved. Working with them is like having an extended team member we can call on at any time."

James Spalding Regional Director – Northern Europe & Russia at Trip.com