Archive for Thursday, August 16, 2007

Travelocity.com fined for booking Cuba trips

August 16, 2007

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— In a first for an online travel company, Travelocity.com has been fined by federal regulators for booking trips between the U.S. and Cuba in violation of a 45-year-old embargo.

Travelocity.com earlier this month paid $182,750 to settle a complaint brought by the U.S. Treasury Department's Office of Foreign Assets Control, which said the company violated the prohibition nearly 1,500 times between January 1998 and April 2004.

Treasury's complaint said Travelocity "provided travel-related services in which Cuba or Cuban nationals had an interest by arranging air travel and hotel reservations to, from, with or within Cuba without an OFAC license."

Travelocity spokesman Joel Frey on Wednesday said the company had not applied for a license and did not intend to.

Treasury spokeswoman Molly Millerwise said any individual or business that violates the Cuban sanctions can face civil or criminal penalties. She declined to say if the investigation had been closed.

Comments

Wilbur_Nether 7 years, 9 months ago

It's a free market, SettingTheRecordStraight, and travelocity.com is simply responding to the demands of the market.

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