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The number of Abta members using the Abta-Atol Joint Administration Scheme has more than doubled in the last year from 62 to 154 companies.
A further 11 companies are currently going through the application process.
The scheme was introduced in 2012 to provide members with a cost-effective scheme enabling them to apply for an Atol licence through Abta with lower fees.
The scheme is aimed at smaller and medium-sized travel businesses. Members of the association with a licensable turnover of less than £1.5 million are eligible to apply.
Abta head of financial protection John de Vial said: “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.
“This year we have seen a very significant increase in members using the scheme, which reduces the cost and complexity of the licensing process while leaving members with complete freedom to choose what products they sell and who they do business with.”
Abta does not pass administration costs onto members so can provide cost savings over applying for a licence via other routes: