May 26, 2021: TICO Board approves Travel Compensation Fund claims
(Mississauga, Ont.) – On May 25, 2021, The Travel Industry Council of Ontario’s (TICO’s) Board of Directors approved four claims protecting five consumers against Gideon Travel & Tours Ltd. for a total amount of $2,250. The consumers did not receive the travel services for which they had paid. Gideon Travel & Tours’ registration was terminated on October 5, 2020.
The Ontario Travel Industry Compensation Fund is wholly financed by the industry to protect consumers who do not receive the travel services for which they paid, due to the insolvency or bankruptcy of an Ontario-registered travel agency or travel wholesaler or due to the cessation of an end supplier airline or cruise line. The Fund only covers consumers who have booked through an Ontario-registered travel agent. The Fund is administered by the Travel Industry Council of Ontario, a not-for-profit corporation.
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Media Contact:
Denise Riposati
Stakeholder Relations