Travel Associates and Travel Franchises
The Island of Hope Foundation is launching a new travel agency franchise, which has a very unique business model. Hard working displaced and out of work women, will be sponsored with an absolutely free, complimentary travel franchise valued at between $3500- $8500 dollars. We really need leaders working full or part time from home offices across the U.S. We offer an 85% commission, while returning 15% back to our travel society.
Rebounding travel will likely support industry revenue growth
The Travel Agencies industry revenue is anticipated to decline 35.4% in 2020 alone because the outbreak of the COVID-19 (coronavirus) has caused a sharp decline in the number of international and domestic trips.
The strength of the U.S. travel agency market
What about now?
Our most recent travel research on this segment shows that travel agents aren't only surviving, they're being courted. The overall U.S. travel agency market is forecast to reach US$127 billion by 2021, up from $112.8 billion in 2017.
Driving this growth are air, cruise and specialized sales – and customers who are ready to pay someone to take care of their travel needs (rather than losing hours trying to find the best deal).
The agency community (both leisure and corporate) is still the biggest consumer of travel products, and it is thriving alongside online travel agencies (OTAs) and supplier-direct channels.
The business going through agents is healthy and solid for the foreseeable future. It is quite possible that the travel ecosystem is finding a happy medium, with agents, OTAs and consumer direct all coexisting peacefully.
$95 billion in revenue, so who's using them?
Below are some areas where travel agents are still succeeding.