Decision ID: 001623

In March 2005 the 1992 Fund Executive Committee recalled that in April 2004 the Commercial Court in Rennes had rendered a judgement rejecting a claim by a company that carried out activities both as a tour operator selling hiking tours in Brittany, Ireland and the Channel Islands and as a traditional travel agency. It was noted that the claimant had appealed against the judgement. It was noted that a further review by the Fund’s experts had showed that the claimant had proven a loss for an amount of £20,000 as regards sales direct to tourists, and an out-of-court settlement had been reached for that amount, as a result of which the claimant withdrew the appeal.

Category: Pure economic loss (tourism)
Subject: Losses suffered by travel agents, tour operators and accommodation bureaux