In this post, we share six insights from the recent ATOL authorisation data. Watch our graph to see the changes over the past 10 years.
Licence applications and renewals
Travel is heavily regulated, and you may need several licences, memberships or accreditations to carry out your chosen travel services.
Our team of regulatory experts will assess your travel business and provide advice on which licences and/or memberships you need.
All your licence renewals and applications in one place.
Our team will:
Prepare applications for ATOL, ABTA memberships, IATA accreditation and commission for Aviation Regulation in Ireland as well as many other international licences around the world.
Prepare financial models and business plans in line with regulators’ requirements.
Arrange suitable insurances, bonding or trust account solutions.
Ensure all applications are assessed promptly, fairly and on terms that are consistent with similar businesses.
Travel business licensing in the UK or internationally
If you want to expand your travel business into different markets, you may need a new licence. Perhaps you are a UK business wanting to sell overseas, or maybe you‘re planning to enter the UK market for the first time.
We can help you decide the most straightforward way to go about it. We have extensive experience in all areas of licencing and have helped travel businesses from every corner of the world to start selling in new markets.
A smooth process for tour operators and travel agents
Our support doesn’t end when you have your licence.
We know how important it is to maintain your licences and how stressful the renewal process can be. Let us help ease the pain by:
Advising you on changes needed to your website, terms and conditions and other important documentation.
Preparing and submitting all required monthly or quarterly reporting promptly.
Providing ongoing assistance, including support with ad-hoc regulatory queries.
Preparing and collating renewal documentation and guiding you on the best way to present to regulators.
Arranging new security where required.
What clients think of our regulatory work
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 regulatory services.
"Knowing that the TTC team are finance experts who also have a deep understanding of the travel industry is the reason we have remained a client for so long. We are delighted with the day-to-day finance work and long-term strategic planning they have carried out for us."
"We asked TTC to help us secure an ATOL licence 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."
TTC Director, Martin Alcock was quoted in Travel Weekly discussing the governments latest proposal for the PTRs.
The DBT recently circulated a call for evidence as part of a consultation on the Package Travel Regulations. Here are our initial thoughts.