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The New Face of the Travel Agent
Bill Maloney, CTC, ASTA CEO Feb. 11, 2009
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We’re pulling many rabbits out of many hats
Here we go again … Another crisis. Another downturn Another chance to defy gravity We’re pulling many rabbits out of many hats
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Post-Everything Time Forget “Duck and Cover!”
Many players will do that, and they will not succeed. Be realistic about current conditions. Be honest about yourself.
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Making Comparisons Why? Because they can.
Consumers will compare your offerings with: others on this island those found on other islands destinations thousands of miles from here Why? Because they can.
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Selling Sense Remember: It is not about price. It’s about selling what consumers want to buy. What does this mean for you? Add new products Partner with new suppliers Tweak your packages and marketing
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Trend: Package Tours Increases in: Culinary tours (31%)
Historic and heritage tours (23%) Garden tours (20%) Sporting events (34%) Agricultural tours ( 72%)
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Trend: Escorted Package Tours
USTOA found: Escorted tours were greatest growth areas for 38% of membership. Mexico ranked third in terms of perceived value. Caribbean compared to Mexico on: value for the dollar distance offerings
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Trend: FIT/Experiential
USTOA survey also found: Big growth in FIT 80% reported increased bookings in this area. Travelers are increasingly asking for experiential vacations. PGAV survey found: 58% of travel consumers will splurge on the right experience Travel is always a life enhancing experience. Now, it is an extraordinary value.
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Trend: Solo Travelers Increased numbers of solo travelers
Tour operators are tailoring products to single travelers. Solo traveler stats: Many are not “single.” Traveling on their own for independence / wish to see something that holds little interest for partner. Men and women travel alone in equal numbers Ages vary greatly.
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Trend: Family/Multigenerational
USTOA found: Family / intergenerational travel continues to be popular. Family / intergenerational travel has increased in popularity. 60% of members offer family-friendly tours/packages. Many tour operators offer family-friendly escorted tours.
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Now what? You need to take advantage of technology and educate yourself on the competition and the possibilities.
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Then … travel agents lost their monopoly.
The End of a Monopoly 20 years ago: travel agents had a information monopoly. 15 years ago: e-tickets didn’t exist. 10 years ago: Internet used only by scientists/educators. Then … travel agents lost their monopoly.
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Forging Ahead Travel agents:
Left the commodity game and began to charge service fees 90+% of ASTA members charge fees for at least some services.
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Survey Says … Younger and less affluent travelers (< $75,000) valued and used the services of a travel agent as much, if not more, than did affluent travelers (> $150,000).
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Survey Says … Consumers are more willing to pay for a travel agent’s services if they see themselves as getting new suggestions.
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The main reason consumers opt not to use a travel agent is the perceived lack of control.
Graph shows data related to Reasons for Not Using a Travel Agent for Purchasing Airline Tickets. Results proved similar for every travel segment and every demographic.
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plan another type of trip
The largest percentage of consumers said, even if a fee was involved, they would still use a travel agent to: purchase a tour book a cruise plan another type of trip Graph shows data related Continued Use of a Travel Agent if Fee is Charged Purchasing a Vacation Package.
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Agents Online ASTA members: ASTA offers: Semi-monthly Webinars
94% have booked directly on a supplier’s Web site 77% have their own Web site Using LinkedIn, Facebook, Plaxo and other social sites ASTA offers: Semi-monthly Webinars RSS feeds E-commerce tools (WebExchange, online Buyer’s Guide) Podcasts / video tutorials
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Reaching Consumers TravelSense TravelSense.org, ASTA’s consumer Web site, allows visitors to: read about destinations across the globe share travel tips and advice find and contact an ASTA travel agent We learned new ways to reach consumers We learned about new consumers
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Out of sight is out of mind
Travel agents give you access to: church groups bands youth travel ethnic groups sports fans adventure enthusiasts senior groups family reunions
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Travel agents mean business!
Your friends Great supporters of Jamaica Waiting to do their part Plenty of experience Travel agents mean business!
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Without an ASTA travel agent, you’re on your own.
Thank You!
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