Abta also rejected the idea that the tourism industry could be blamed for health problems.
However, if the operator is a member of ABTA, unhappy passengers can complain to them.
But travel organisation Abta (the Association of British Travel Agents) has arranged for the ship to sail.
However, travel association Abta says that most people are unlikely to shift their holiday to areas outside the eurozone.
Mainland Spain and the Canary Islands are the top two destinations, with France third, according to the Association of British Travel Agents (Abta).
Nonetheless British travel association ABTA spokesman Sean Tipton said the crisis and "largely inaccurate reports of ATMs running out of money" would be impacting bookings.
"The reality for holidaymakers is that everything is running normally, though ABTA would advise taking a supply of euros plus credit cards as a safeguard, " he said.
The company was covered by Abta bond and the Civil Aviation Authority's Air Travel Organisers' Licensing (ATOL), meaning those who had travelled abroad with Travelscope were able to continue their holiday.
According to Association of British Travel Agents (ABTA) charter flight customers can refuse to take a seat on a plane that has been delayed more than 12 hours, claiming a full refund.
Abta spokeswoman Frances Tuke said if tourists did not wish to go to Sharm al-Sheikh, then Abta will cancel members' holidays for them free of charge, or take them on a different holiday or give them a refund.
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