The Black Travel Movement, was recently hit with a federal lawsuit for allegedly failing to pay a $550,000 bill owed to a Maryland-based yacht company that provided more than two dozen vessels that were used during “Black Yacht Week.” The event is being compared to the Fyre Festival, as a high-end excursion to the Bahamas that became a nightmare for disgusted travelers that experienced: lack of food, water and toilets.
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I’ve experienced one too many negative group trips. Friends, associates and “travel concierges,” have over promised and under delivered. Lessons Learned: ALWAYS GET Travelers Insurance. Pay with a Credit Card if possible so you can dispute fraudulent charges. Be cautious about paying via “Paypal Friends and Family,” “CASHAPP,” and other non-refundable payment platforms. Opt to pay the extra money to send the money via PayPal for Business where as a consumer you can dispute charges. Special Note: Frequent Traveler does not = Travel Agent.
Business Owners: Get an LLC and official travel agent license. Separate your business from your personal accounts. This will protect your personal assets in the event of a lawsuit. If you operate a “group travel business” get Professional Liability Insurance to cover yourself in the event of a lawsuit for substandard accommodations, accusations of negligence, and travel planning mistakes/oversights.