NavyCruiser Posted March 26, 2020 #1 Share Posted March 26, 2020 With all the confusion about the Gov't "Bailouts" of airlines & other transportation industries, which may include cruise liners, I've thought of another idea: How about a Consumer/Traveler's "Bailout" policy...? So for example of a bad analogy: You can use a "Health Savings Account" funds towards any Doctor or Hospital or any other health care services How about a "Travel Savings Account" for consumers & travelers? Until the end of the year we have: Gate1Travel river cruise scheduled to depart last week that was cancelled Viking river cruise in summer, air & hotel trip to Cancun in early May, Carnival cruise in late May, Royal Carib cruise in Nov, air & hotel trip in late fall So in this chaotic environment, why not let us commingle all the various companies from airlines, hotels, resorts, ocean cruise & river cruise companies, & other transportation services together, to give us flexibility & peace of mind that if any one company cancels on us, if they can't/won't refund 100% immediately, then we can bank those $$$ into our "Travel Savings Account" & freely re-use those funds to book at any of the other companies without restrictions. That way, the economy will have a good rebound since consumers won't have hesitation about their future booking's a go or not. Also, there'll still be free-market competition so that one company won't gouge consumers by turning 125% FCC into 150% future price increases, since it's captive consumers & $$$ for use with our company only. Just my stupid idea of the day... Link to comment Share on other sites More sharing options...
Rare LMaxwell Posted March 26, 2020 #2 Share Posted March 26, 2020 Because if the first company is trying to hold on to your money, they aren't going to give it to another company Link to comment Share on other sites More sharing options...
NavyCruiser Posted March 26, 2020 Author #3 Share Posted March 26, 2020 13 minutes ago, LMaxwell said: Because if the first company is trying to hold on to your money, they aren't going to give it to another company Yep. Figured that already. But put this Pro-Consumer clause into the Stimulus Package to require that if they take any Bailout $$$, or low/no rate loan, then they must agree to these terms. I know, Long-shot wishful thinkin'... Link to comment Share on other sites More sharing options...
Rare LMaxwell Posted March 26, 2020 #4 Share Posted March 26, 2020 2 minutes ago, NavyCruiser said: Yep. Figured that already. But put this Pro-Consumer clause into the Stimulus Package to require that if they take any Bailout $$$, or low/no rate loan, then they must agree to these terms. I know, Long-shot wishful thinkin'... I am a bank and loaning a company money, I am not going to put a condition on that company that if they take customer funds and can't provide the service that they go buy the service elsewhere. That's not a business model. As a consumer it causes me less confidence; if I book with company A, I expect to get company A's product. If not, give me a refund. I don't want them to move it to company B. Link to comment Share on other sites More sharing options...
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