The European Commission (EC) has unveiled proposals for changes to the Package Travel Directive which aims to financially protect more holidaymakers. Its proposals included a stricter control on price surcharges with a 10% cap while customers will have the right to cancel a holiday before departure for free of charge in the event of a natural disaster, civil unrest or similar situation. The regulations also aim to create a level playing field for operators and will provide EU-wide rules on the information, liability and recognition of insolvency protection schemes. This will protect agents and progress in adding airline click-through bookings into the scheme. Managed business travel will be excluded from the directive, while tour operators will not be required to reprint brochures. Get the full story at Travel Daily and TUI Travel