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ECTAA
Revision of the package travel directive will start shortly
Wednesday, May 28, 2008

Opening the 97th bi-annual meeting of ECTAA yesterday 27 May in Sofia, European Commissioner Meglena Kuneva announced that the work on the revision of the package travel directive will start shortly.

Dating from 1990, the package travel directive needs to be reviewed to take into account the changes in the distribution of travel products and consumers’ buying habits” said Commissioner Kuneva.

The Commission intends to look into:

Said ECTAA President, Mr. Kelepeshis: “We share the concerns of the Commission to ensure that all traders operate on a level playing field. We strongly recommend that the future package travel legislation covers dynamic packaging and extends the obligation of a financial guaranty to all providers of travel services. However, we believe that travel agents acting as intermediaries should not be held responsible for the package travel product.”

The President confirmed to Ms. Kuneva that ECTAA will actively contribute to the revision process. A legislative proposal is expected for 2010.

Theodore Koumelis - Wednesday, May 28, 2008
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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