How much do you make starting out as a travel agent?
$33,000 is the 25th percentile. Salaries below this are outliers. $43,000 is the 75th percentile.
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How much money do travel agents make? This comes down to certain factors such as the type of clients, level of expertise and the ability to offer specialized services. According to Indeed, the average salary of a travel agent in the US is $49,608 but there are many making up to six-figure incomes.
Commissions. The most important way that a travel agent earns money is by receiving a commission on travel sold. This can include a commission from booking flights, accommodation, tours, car rentals, entertainment tickets, insurance, and so much more.
Employment of travel agents is projected to grow 3 percent from 2022 to 2032, about as fast as the average for all occupations. About 8,600 openings for travel agents are projected each year, on average, over the decade.
Travel agents earnings are made up of a mix of salary, commission, and other incentives. Their pay can fluctuate significantly month to month or even annually. Different destinations, seasons, suppliers, affiliates, or even how the booking is made, all factor into the percentage of commission that an agent takes home.
Not only do you get to plan trips for others, but you'll also be able to take advantage of special discounts on many facets of travel. This is true for your clients, but also for yourself. Travel agents have access to a variety of discounted rates on both airlines and hotels, even when booking travel for themselves.
For most vacations, especially for new travel agents, your commission starts out at around 10%. That means if you book a $6,000 trip, you'll make $600 after that person travels. This does not include Disney cruises - They are a little different depending on the volume of your sales.
Although travel agents do not travel for free as part of their job, they can still enjoy personal travel benefits that come with their industry connections. These benefits can include access to exclusive travel deals, preferred rates, and special amenities.
Online travel agencies make money by taking a commission from the airline, hotel, car rental agency, or cruise line when you book. (At Going, we don't take any commissions from the airlines when we send our members deals.
If you know somebody who works for an airline, you've probably heard them talking about their flight benefits. One of the perks of working for an airline is free travel to anywhere that carrier or its partners fly, but there are plenty of conditions.
Commission PayoutsThe most common commission split is the 70/30 model. This means that your get 70% of the total commission earned and your host agency keeps 30%. Some host agencies will take more and some maybe less. Some host agencies offer higher payouts to their travel agents based on the volume of sales.
A 2023 consumer research survey from ASTA (the American Society of Travel Advisors) found that 50% of travelers are more likely to use a travel advisor post-pandemic. (This is a 7-point increase from 2022.) Here are the crib notes: There's no better time to become a travel agent.
Travel agent demographics research summary.There are over 29,992 travel agents currently employed in the United States. 78.1% of all travel agents are women, while 21.9% are men. The average travel agent age is 50 years old.
Travel agentThink travel agent, and you most likely associate this job with an office, travel brochures and lots of people streaming in and out. Not the case, as many travel agents now work independently from home, or remotely for a travel company in areas like product development — a great job for an introvert.