what are the profit margins that travel planners / agents for leisure holidays make ?
i am thinking of starting a travel company which tailor makes holidays to exotic destinations in the world...africa / south america / asia / parts of europe...targetted to a more urban crowd ? what kind of money to travel agents make ? i know their survivial has become a lot tougher after the internet and websites like tripadvisor ?
Other - Destinations - 1 Answers
Random Answers, Critics, Comments, Opinions :
1 :
Actually, smart travel agents are thriving in the era of TripAdvisor and online booking engines. The key word in that sentence is "smart." The online booking sites have relieved travel agents of the least profitable bookings -- those for cheap, point-to-point air and bargain basement trips. The most successful travel agents are specializing in high-ticket, high-margin travel products that are sold best person-to-person and by building relationships built on trust and expertise with customers who want personalized service and who will remain loyal for years. The best travel agents make over $50,000 a year. A select few earn over $100,000. So your plan is a good one. Just remember to sell on value, not on price.
