The number of ABTA members using the ABTA-ATOL Joint Administration Scheme has grown by a third in the last year to 164 companies.
The scheme, introduced in 2012, is designed to give members a simpler and cheaper way to apply for an ATOL licence through the association.
It is aimed at smaller and medium-sized travel businesses and any ABTA Member with a licensable turnover of less than £1.5m is eligible to apply.
ABTA said three more companies are currently going through the application process.
"The ABTA-ATOL Joint Administration Scheme represents a very significant Member benefit and it has been a great success since it was introduced in 2012,” said head of financial protection John de Vial.
“In the last 12 months we have seen a significant increase in Members using the scheme and we believe that the majority of ABTA Members for whom the ABTA/ATOL scheme provides a good fit for their business have now signed up."
