Travel Republic secures ATOL
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Online travel agent Travel Republic has obtained an ATOL licence for flight and hotel bookings.
The OTA, which already covers all bookings through its Total Financial Protection Plan, said the ATOL licence will now protect more of its customers as its business grows.
“We are on track for another record year, with turnover to break £0.5 billion for the first time in 2012. Each year more than two million holidaymakers book our great-value deals with confidence, knowing that they are covered by our Total Financial Protection plan,” said Kane Pirie, chief executive of Travel Republic.
“The extension of ATOL protection in the wider market will only serve to accelerate the decline of the traditional tour operators, who now have nowhere to hide in justifying higher prices,” he added.