Travel Franchises

Travel Associates and Travel Franchises

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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.

E-mail

hello@theislandofhope.org

Phone

1.888.614.1227

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Bon voyage

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.

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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.

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$95 billion in revenue, so who's using them?

Below are some areas where travel agents are still succeeding.

Agent evolution

The reality is that the typical travel agency of 15 or so years ago, which focused on point-to-point trips, is largely dead.
But as online bookings have grown, new breeds of agent have emerged that target luxury, business and niche travelers who value personal relationships and expertise over savings.
"We've seen continual incremental shift to online channels. We see no migration back to travel agents."

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Corporate travel

Agencies in this area analyze a company's travel patterns and suggest ways to save money, such as discounts through the managed travel provider.
Some are popular with executives, as they provide interfaces that limit the number of options available.
"When it comes to business travel, most people don't check online. They just want to book," says Ashutosh Sharma of Sadhana Travel Services, a boutique agency in New Delhi.

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Luxury

The luxury market also works well under the agency model and has the benefit of being to some degree recession- and even Internet-proof.
"When you've got people who are 50-plus and have got money, the recession doesn't change that," says Graham Pickett, head of travel, hospitality and leisure at Deloitte UK.
Pickett says that the luxury traveler "wants to talk to someone who has experience. That's a sustainable model."

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Cruises

Cruise line and tour operator sales remain a lifeline for agents catering to the leisure sector, according to the PhoCusWright report.
These income streams still pay agents' commissions and agents still book these more often than individuals do.

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Emerging markets

Although online bookings are growing rapidly in emerging markets, in northern Asian countries such as Japan and Korea, there's still a substantial amount of offline booking, especially when people travel to countries where they don't speak the language, says Pickett.

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