Do travel agents have a future?

Do travel agents have a future? A 2023 consumer research survey from ASTA (the American Society of Travel Advisors) found that 50% of travelers are more likely to use a travel advisor post-pandemic. (This is a 7-point increase from 2022.) Here are the crib notes: There's no better time to become a travel agent.

Is travel demand high?

Overall, global passenger demand is estimated to grow 22% year-on-year in 2023 and 6% in 2024, Moody's investor service said on Tuesday.

What is the forecast for travel agents?

The global Travel Agencies market size is projected to reach US$ 452150 million by 2028, from US$ 153540 million in 2021, at a CAGR of 15.6% during 2022-2028. Main players of travel agencies market are Booking Holdings Inc., Expedia Group Inc. and Trip.com Group Limited.

How do travel agents get paid 2023?

How do travel agents get paid? Commissions – you are paid a percentage of the cost. Service fees – you charge a fee for arranging each segment of travel. Salaries – you work for a large travel company.

Will travel agents be replaced?

While AI has undoubtedly brought convenience and efficiency to the world of travel planning, it cannot replace the value of using a travel agent when planning a vacation for your family. Travel agents offer a personalized touch, expertise, and a human connection that AI cannot replicate.

Are travel agents becoming obsolete?

And yet, though “the death of travel agents” has been touted since Expedia debuted, they still exist, though greatly diminished in number (the number of freelance travel agents went from 124,030 in 2000 to 66,670 in 2019). But that's still a pretty high number.

Where do travel agents make the most money?

Will travel agents be replaced by robots?

In conclusion, while AI has transformed the travel industry, it is unlikely to replace travel agents completely. Rather, AI and travel agents will work together to provide the best possible experience for travellers.

Is it hard to be an independent travel agent?

The True Challenges of Becoming an Independent Travel Agent One of the main hurdles is the investment of time and money you must make when starting out. There are start-up costs, host agency fees, and other upgrades you may need to consider. As a contractor, you do not receive traditional employee benefits.

Is 30 too old to go travelling?

All it takes is a just little more effort and planning for any 30+ year old to fit traveling in their lives. And when they do, they'll find that it's a way better experience than traveling in their 20s. Because traveling in your 30s is amazing. It's also much more meaningful, at least for me.

Can you become a rich travel agent?

How much money do travel agents make? This comes down to certain factors such as the type of clients, level of expertise and the ability to offer specialized services. According to Indeed, the average salary of a travel agent in the US is $49,608 but there are many making up to six-figure incomes.

Do travel agents work long hours?

Work Schedules Most travel agents work full time, although part-time work is common. Some work additional hours during peak travel times or when they must accommodate clients' schedule changes and last-minute needs.

Are travel agents in demand 2023?

As of 2023, there are over 400,000 people employed in the Travel Agencies industry in the US. The industry is forecast to grow by 7.1% throughout 2023, clearly demonstrating that demand for travel agents remains strong.

Is it hard to be a successful travel agent?

– but with the right mindset, hard work and an entrepreneurial spirit, you can begin your journey to becoming a successful travel agent. It's not easy, but there are few barriers, and the industry is so big you'll be sure to find a niche to fit into.

Can I make 6 figures as a travel agent?

If you want this to be a six-figure income career for you, then you need to invest in yourself. This may include things like education, FAM trips, marketing, websites, associated costs to branding, a CRM or a travel agent portal to manage your business. Many host agencies will even provide some of these tools for you.

Will travel agents exist in the future?

Many travel professionals have adapted to this new environment by working for independent contractor companies or choosing to join host agencies. So it seems in one form or another, travel agents will survive! It's likely they will continue to evolve and serve an ever-changing world of travel.

Is it worth using a travel agent UK?

If you're traveling internationally — especially to a country you've never visited — a travel agent can be a useful resource in helping you plan your trip. They can manage all of your booking needs, which can be easier than juggling a long itinerary that includes flights, hotels and excursions on your own.

What is the average age of travel agents?

Travel agent demographics research summary. There are over 29,992 travel agents currently employed in the United States. 78.1% of all travel agents are women, while 21.9% are men. The average travel agent age is 50 years old.

Why travel agents are still needed?

Advisors not only expedite planning, but they can be your back-up should anything go wrong, said Glusac. When a flight is canceled, a hotel reservation is lost, or a natural disaster strikes, they are there to help. Ultimately, their connections can become your conduit to a smoother and more stimulating trip.

What are the disadvantages of using a travel agent?