Whether you are a tour operator, travel agent or bed bank, the way you choose to set up your travel business will have implications on your commercial contracts and trading arrangements.
As a business you have corporate governance issues to consider. And, as a travel enterprise, many other specific regulatory obligations come into play. But you also need to consider carefully how your business will trade with others, and what contracts may be required to provide a framework for practical matters such as relationships, responsibilities, obligations and payment.
These contracts and arrangements can be, particularly if you have the added complication of dealing with organisations and agents overseas, and across a number of jurisdictions. Even if you only concentrate on the domestic market, contracting with customers is still fraught with areas of business risk.
Our commercial lawyers look at the small print of contracts daily. We review your documentation or negotiate on your behalf and draft contracts from scratch – and we do it quickly and without fuss, anticipating and communicating potential risk factors as we go. It’s what we do and we enjoy it.
We regularly advise on:
- booking terms and conditions with customers
- supplier contracts, including indemnity provisions for tour operators
- trading agreements between businesses, including collaborations, operational arrangements and joint marketing ventures
- agency agreements and contracts relating to distribution schemes
You may also be interested to see our Commercial Relationships pages
Or for more information on commercial agreements in travel and to start a conversation on how we can help you please contact Debbie Venn, Head of TMT (Associate, Commercial).