$ 40,000 holidays inspiration for financing positives to become travel agent
Latest Job Opportunities in India
Discover top job listings and career opportunities across India. Stay updated with the latest openings in IT, government, and more.
Check Out Jobs!Read More
$ 40,000 holidays inspiration for financing positives to become travel agent
Written by Red Brown, Bloomberg News
Lisa Reish studied hard to become a forensic accountant. I worked in this field for eight years, and enjoyed interaction with its customers. But the divorce cases with which I deal with often become frustrated.
One day, she wandered at a local travel agency looking to reserve a trip and got a chat – they played a role as an independent contractor on that day.
“I work half an hour and make my quadrilateral salary,” said Reich, 42, who started her own agency in 2021, and said that her annual sales ranged between 3 million dollars to $ 3.5 million over the past three years.
“When I was moving in the fields, my mother said to me,” I got a master’s degree in accounting, what will I tell the family? “She eats her words now.”
Reich is one of an increasing number of professionals who left job security in the field of financing, law and other white collar industries to join ranks involved in the speed of travel consultants-a working line that seemed to have been to disappear with the spread of online travel planning.
Over the past three years, the number of people describing themselves as travel agents or consultants has increased by more than 50 %, making it the fifth fastest growth profession during that time.
Currently, there is the demand there too. It is expected that travel to consultants – which includes residency, trips and activities – is expected to reach 141.3 billion dollars in the United States, equivalent to 26 % of the total market, according to the American Association of Travel Consultants.
“Organization and support are the main points of sale,” the founder of Cire Travel, based in the New York City, said in an interview. Hrubant, 48, said that he gets about three email messages every week asking how a travel agent is, and whether there are jobs in the beginners available in Cire.
“I am thinking about developing my training work,” he said jokingly.
Hsubant said that some of his net clients, who are very rising, spend more than six numbers on personal travel annually, while the medium couple he writes spends about $ 40,000 annually in two weeks for two weeks.
For Emira Pixby, 58, the catalyst for the profession changed through the epidemic. Nearly three decades in Wall Street as stock sales traders, Bixby realized while working from home that she was the first time in her at home when her children woke up. When her employer called everyone to the office five days a week, I knew that it had been time to make a change.
Travel was a clear choice. “I was a luxury travel consultant before I was a luxury travel advisor,” said Pixby, who said that she would regularly help friends and clients in planning flights, and organized her daughter’s Lacros travel team to stay at the Four Seasons Hotel every season.
She appreciates her new flexibility above everything else.
“When you can work anywhere your life changes greatly for the better,” she said. “My son just graduated from UVA and you can imagine all sides. I was in UVA four out of six weekends. Before that, I was skiing in Dolumite,” the mountain chain in Italy.
Almost anyone can prepare themselves as a travel consultant, although some American states require agents to register and apply for accreditation. Many new agents will take online courses to increase their accreditation data, and they can join the applicable travel networks to reach the interior deals in Top Hotels, Airlines and Sour Sound.
While some agents impose fees, the majority of their profits come through commissions from hotels or tourism tourists on the seized services for customers. Communication can fluctuate depending on the service, but for some of the largest brand consultants, they usually get about 10 % of the reservation value.
The summary spending with travel agents is also vary through the agency. A survey of ASTA consultants from 2024 found that the largest percentage of customers spent between $ 100 and $ 400 per person, tonight with travel planners. At these prices, a week -long journey ranges from $ 1,400 to $ 5,600.
Lisa Taker, a professor of law in Philadelphia, started working with a travel agent about a year ago to plan her and her four children. In April, a haven for Rome was disrupted by an excessive party at the boutique hotel where they were staying, and the reception office insisted on the lack of other rooms. Then the agent entered it.
“He made one phone call and suddenly they transferred us to the presidential pavilion,” Taker, 57, said.
Not everyone who turns into a profession of travel planning increases their profits – at least not at first. Julia Floud, a former lawyer in Toronto, knew that she would make less when she moved away from her job to become a travel agent. The flexibility and freedom it gained from the key deserved it.
“I do not necessarily work for less hours,” said Feloud, 34 years old. “I do what I want and where I want – maybe I am reserving a person’s journey while sitting in a café in southern France.”
The prosperous growth through the travel industry means companies like Expedia Group Inc. Booking Holdings Inc. , That integrates artificial intelligence in online reservation services, avoiding any remarkable financial impact from the revival of travel consultants. This year, travel is expected to contribute $ 11.7 trillion in the global economy, which represents 10.3 % of total production, according to the World Travel and Tourism Council. By the end of the contract, this number is expected to reach 16.5 trillion dollars.
At the same time, new agencies benefit from caring for travel professions. Fora Travel Inc. In 2021, a granting traveling advisers gave easily access to training and technology, as well as a network of mentors and events. In April, it announced that it had raised $ 60 million in the B and Crakes series, led by Josh Kushner’s Thrive Capital and Insight Partners.
The co-founder, Henley Vazquiz, said that about 97 % of the company’s agents are new in the travel industry, and 86 % of women-many of them are parents who appreciate the flexibility of the job. For some new participants, it doesn’t take a long time to start earning decent money.
“In the past three years, we had 35 consultants who have achieved sales of one million dollars in their first year,” Vazquiz said in an interview.
Flood was introduced to Vazquez through a joint friend in 2021. At that time, she was still working as a lawyer but is very disappointed by her job. She knew that she wanted to do something linked to travel, and Vazukez was coming out of the ground. He asked her new boyfriend.
“I had no real estate mortgage, and I had no children, and I had no things that affect your thinking when making a big financial decision,” Feloud said. “It was a great time in my life to do this transition and make the jump, and of course, I never looked back.”
For Bixby, he was coming from a work background – especially one that includes close customer relationships and money management in the New York financing industry – as a blessing. The first three trips were planned for a former work colleague, a joint box agent and a close friend. Recently, the director of hedge funds she worked with her to help him plan a vacation.
She said, “They know that I will protect their investments, and this is not only money. It is time.”
© 2025 Bloomberg LP Prefer to visit Bloomberg.com. Disable by Tribune Content Agency, LLC.
$40,000 vacations inspire finance pros to become travel agents