The Host Company Critiques web site has printed its Hosted Travel Advisor 2022 Report, asking over 1,100 hosted journey advisors about their operations, journey advisor earnings, charges, host company relationships and extra to search out out the most important journey advisor traits of the yr.
Hosted journey advisors are sometimes unbiased journey advisors who companion with a number company to supply them with assets like most popular partnerships with suppliers, advertising assets, web site administration and leads.
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Host companies are extremely common amongst journey advisors, and particularly so for brand spanking new advisors this yr. Round 35 % of respondents who belonged to host companies had zero to 2 years’ price of expertise. About 29 % of journey advisors, no matter their expertise, had switched to the hosted mannequin in some unspecified time in the future throughout their profession.
Common annual gross sales for hosted advisors in 2021 was $312,170 for knowledgeable advisors and $43,135 for brand spanking new advisors. Whereas a disparity is to be anticipated resulting from expertise stage, each new and seasoned advisors noticed a 40 to 60 % lower in peculiar gross sales when in comparison with pre-pandemic occasions in 2021, so whereas these numbers are correct, they don’t seem to be indicative of a wholesome yr for the journey trade.
Round 49 % of journey advisors at the moment are charging some sort of price for his or her providers. 9 % have been charging session charges and 21 % have been charging service charges; the opposite 19 % charged their shoppers each. This quantity has been getting bigger over time. Charges accounted for about 30 % of an advisor’s earnings in 2021.
New advisors are much less more likely to cost charges in contrast with their extra skilled friends (40 % versus 58 %), although they’re extra open to doing so sooner or later than skilled journey advisors.
New hosted journey advisors, these with fewer than three years’ expertise, comprised about 20 % of respondents. Overwhelmingly they establish as ladies (81 %) and as caucasian (76 %), with a median age of fifty.
Seasoned journey advisors establish themselves equally: as ladies (80 %) and as caucasian (79 %), although their median age is 58.
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