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Introduction To Travel & Tourism: Travel Trade

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Introduction to Travel &

Tourism: Travel Trade


Travel Trade

Intermediaries such as tour operators, wholesalers, travel agents


and online retailers play a significant role in attracting
international and local visitors. The travel trade:-

• can help open up new markets


• attracts more visitors
• remains effective in reaching larger numbers of potential
travelers
Travel Trade Intermediaries


Retail
1.Travel Agency ●
Wholesale


Inbound Tour Operators

2.Tour Operators

Outbound Tour Operators

Ground Operators

Domestic Operators
TRAVEL AGENCIES
TRAVEL AGENCIES
- Businesses that help the public with their
travel plans and needs
- Mostly operate offices that consumers can
visit or call
- Some are “virtual agencies” that sell
through internet web sites, ex. Expedia
- Can target their sales to leisure or
business travelers, or to both.
TRAVEL AGENTS
TRAVEL AGENTS
- Also called travel advisor, travel consultant,
travel counselor or travel planner
- A professional who analyzes, recommends,
arranges, and sell one or more components of
a person’s trip
KINDS OF TRAVEL AGENCIES

i) CONVENTIONAL, FULL-SERVICE AGENCIES

 These agencies sell it all: air, lodging, car rentals, rail


travel, cruises, tours and most other forms of travel
packages.
 Customers can book travel and receive advice by
phone, via e-mail, or by visiting the agency in person

Tend to sell mostly to people in their own geographic


community. Their neighborhood presence often
makes them a comfortable choice for locals
SUBDIVISIONS OF A FULL- SERVICE AGENCY

1.a. They may be wholly owned by a large


agency chain, or by a smaller regional or local
chain.
 Mega-Agency- large chains with thousand or
more locations
 Ex.: American Express, Carlson Wagonlit
 Regional Chains- with several hundred
locations
 Local Chains- with half-dozen or more
locations
1b. FRANCHISES:
that are owned by individuals or families but are
affiliated with a large brand, to whom the owners
pay an annual franchise fee and/or percentage of
profits.
Example: Uniglobe- franchise
operations
1C. Travel Agencies may be affiliated with
consortium
 CONSORTIUM- a group of agencies that works
together to obtain and develop marketing tools,
accounting systems, training programs, and
higher commissions from selected, preferred
suppliers.
 Ex.: Ensemble Travel(
http://www.ensembletravel.com/abo
ut/
)

1D. Independent, with no


affiliations: often called ‘mom and
pop agencies’
2. ONLINE AGENCIES
 These agencies operate almost exclusively
through their web sites.
 A great marketing strength is that online
agencies are not bound by geography.
They sell to people anywhere in the world.
 Ex.: Travelocity, Expedia, Orbitz

 “ BRICK-AND-CLICK” AGENCIES
- Agencies that sell conventionally as well
as on the web
3. SPECIALIZED AGENCIES

- An agency may be focused on its specialty


that it doesn’t need to be a full-service
business
- Ex.: A cruise-only Agency
STEPS THAT A GOOD
TRAVEL AGENT
TAKE
1. They provide a warm and cheery
greeting.
2.They ask questions to determine the
client’s needs. This process is usually
called qualifying.
3.They do research, if necessary, to find
the right products and services for the
client.
4.They make recommendations that meet
the client’s needs.
5.They overcome objections that the
client might have to the recommendations.
6.They enhance the sale by
recommending additional products or
services (cross-selling) or perhaps better
options than the client had in mind
(upselling)
7.They close the sale by getting
agreement and payment from the client.
8.They follow-up to make sure the trip
went well.
Travel Agency-Linkages

 Airlines
 Accommodation Companies
 Cruise Companies
 Insurance Companies
 Banking Companies
 Travel Trade Associations
 Other Organizations

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