Holiday Brokers has claimed the controversy surrounding the accommodation-only firm refusing to take on principal status has not led to a downturn in bookings.

The accommodation-only supplier has refused to give in to demands from agents consortium Advantage and buying group Triton to become a principal instead of acting as a booking agent.

Holiday Brokers chief executive Steve Endacott claimed a switch to principal status would leave the firm uncompetitive, although last week made the switch from booking agent to principal.

However, Endacott claimed the stand-off with the Triton super-consortium has not had a negative impact on sales.

“We have been doing very well this year. The stuff about principal status hasn’t affected business at all,” he said.

He revealed the Canaries are strong sellers, with Egypt growing in popularity as well.

However, he admitted the overall holiday market, covering both packages and independently booked trips, has been “flat” over the last couple of months.