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TCF report finally released

THE long-awaited final report from the Travel Compensation Fund has been made public, confirming that almost $19.5 million was paid out to the various states on 16 Dec 2015. Two million dollars was withheld from the payouts in order to fund the remaining TCF activities, while in 2014 and 2015 $2.15 million was paid to AFTA and $2.8 million to CHOICE "to inform their respective constituencies about the changes to the TCF and the creation of a new travel industry agent accreditation mechanism". The report also details ...

The above snippet is the first part of an article sent to subscribers in Travel Daily's issue from 26 Sep 16

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