Travel Agent

It’s a high-flying business that’s experiencing a rebirth.

Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Franchises Available? Yes
Online Operation? Yes

THE BRIEF:

If you thoughttravel agents were obsolete, you were right听— to an extent — says 麻豆社 writer Clint Carter. When sites like Travelocity and Expedia arrived in the mid-鈥90s, customers no longer needed their local brick-and-mortar agencies. And once airlines had a direct line to consumers, they stopped offering the commissions agents had long relied on. 鈥淭he internet killed the old-fashioned travel agent,鈥 says Dave Hershberger, chair of the American Society of Travel Advisors (ASTA). 鈥淚t just took them all out of business.鈥澨齇f the agents that survived, many found refuge in the exploding cruise industry. While customers approached airline tickets as a basic commodity, they looked at ship travel as an听experience,听and first-time cruise-goers needed all the help they could get sorting through itineraries, dining options and room choices. The old-time role of 鈥渁gent鈥 began to morph into 鈥渁dviser.鈥 And once that happened, the industry learned how to adapt and rebuild.

ASK THE PROS:

How much money can you make?

鈥淗ost Agency Reviews and the Bureau of Labor Statistics (BLS) found some common ground in regard to the average salary of a travel agent.听听in 2017 as $40,840 with a range of $21,350 and听$62,320 dividing the lower to upper 10% of travel agents. These results are very close to听听of a $40,377 average among hosted travel agents with 3+ years experience.鈥 鈥

What kind of experience do you need to have?

鈥淭here are no specific requirements to be a travel agent, but a bachelor鈥檚 degree will open up more job opportunities, and certifications might make travel agents more marketable.听After getting experience in this field, there are two popular certifications that will听increase your chances of securing employment.听听provides education and training that leads to two certifications:听听(CTA) and听听(CTC). Agents with at least 12 months of experience in the retail travel industry may apply for the CTA designation. This may involve completing a 15-module curriculum, which covers ethics, customer needs, planning itineraries, touring the world, and travel insurance.” 鈥

What鈥檚 the most important thing to know about this business?

鈥淎mong the most critical changes that have happend to the industry: Agencies stopped operating out of storefronts, and they very frequently stopped having employees. Businesses became solely owner-颅operated, run out of people鈥檚 homes. Between 1997 and 2013, the number of agencies with multiple employees fell from nearly 23,000 to fewer than 10,000, according to Skift, a travel-industry research firm. But the number of independent agents actually crept upward, showing a 7 percent gain over roughly the same period. Storefronts are now landing pages, and agents rely on laptops and smartphones to connect clients to large networks of travel suppliers.鈥 鈥擟lint Carter,听麻豆社 writer