Decision ID: 001351

In October 1993 the 1971 Fund Executive Committee considered a claim by an Italian travel agent/tourist accomodation bureau and decided that losses suffered in respect of loss of commission on contracts with hotels and contracts in respect of flats were not different in character to those suffered by owners of hotels in the same area and that these losses were admissible in principle.

Date: 30.09.1993
Category: Pure economic loss (tourism)
Subject: Loss of sales commission