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Travel Agents Outlook
Guide Options » Introduction | Working Conditions | Employment | Occupations | Training | Earnings | Outlook | Additional Sources
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An increasing reliance on the Internet to book travel, as well as industry consolidation, will continue to reduce the need for travel agents. The Internet increasingly allows people to access travel information from their personal computers, enabling them to research and plan their own trips, make their own reservations and travel arrangements, and purchase their own tickets. Also, airlines no longer pay commissions to travel agencies, which has reduced revenues and caused some agencies to go out of business. However, many consumers still prefer to use a professional travel agent to ensure reliability, to save time, and, in some cases, to save money. Moderating the employment decline, however, are projections for increased spending on tourism and travel over the next decade. With rising household incomes, smaller families, and an increasing number of older people who are more likely to travel, more people are expected to travel on vacationand to do so more frequentlythan in the past. Business travel also should bounce back from recession and terrorism related lows as business activity expands. Further, as U.S. businesses open more foreign operations, and businesses, in general, increasingly sell their goods and services worldwide, more business travel is anticipated. There are other factors spurring demand for travel agents that will moderate any decline. Most notable is the increasing affordability of air travel. Greater competition between airlines, especially from low-cost carriers, has resulted in bringing airfares within the budgets of more people. In addition, American travel agents now organize more tours for the growing number of foreign visitors. Also, travel agents often are able to offer various travel packages at a substantial discount.
The travel business is sensitive to economic downturns and international political crises, when travel plans are likely to be deferred. Therefore, the number of job opportunities for travel agents fluctuates. The best opportunities will be for those travel agents that can utilize the Internet for their own operations to reduce costs and better compete with travel suppliers.
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