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PAGE 163
Lesson Ten
Text Travel Agency Management
Notes
Vocabulary
Comprehension
Discussion
Exercises
Translation
Writing
Further Reading
Case Study of American Express Company
Terms
Chapter 11 Chapter 7
Profile
Thomas Cook
References
Text Travel Agency Management
1. Travel Agency and Suppliers
In terms of selling travel, the travel agent is one of the most important members of the travel industry. For the majority of pleasure travelers, and for a sizable segment of the business travel market, the travel agent is the person who brings together the suppliers of travel services with the buyers and who offers buyers
sound travel counseling on destinations,
routing,
transportation,
accommodations,
sightseeing, and
other elements of travel.
U.S. travel agencies employ well over 200,000 workers to carry out this function.
A retail travel agent is a commissioned intermediary who serves as a sales outlet for
carriers,
hotels and resorts,
entertainment centers,
car rental companies, and
other suppliers, including wholesalers.
As a commissioned intermediary, the travel agent usually does not own the services he or she sells to travelers. The agent is paid a commission by suppliers for sales of airline tickets, hotel rooms, and so on. The sales are referred to as bookings, meaning, for instance, that a travel agent who had $1 million worth of bookings during a year would have sold that dollar value of travel services to clients.
Travel agents represent all suppliers of travel services. They are free to make reservations with any supplier of travel services, with the exception of suppliers who do not pay commissions to travel agents (such as some government-owned operations), small suppliers who are not experienced or equipped to work with travel suppliers, and a few suppliers who do not believe they need business generated by travel agents. Some travel
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