There are a few different ways to determine how many travel agents there are in the United States. The Bureau of Labor Statistics (BLS) is one source of data for this topic. They also keep track of the unemployment rate of the travel industry. As a result, you can easily find out how many travel agents there are in the country. In the US, there are roughly 74,100 travel agents. However, this number varies considerably by state and can be as low as 17.500.
Recent reports from the Bureau of Labor Statistics (BLS) suggest that the number of travel agents in the US will decrease over the next decade, but the travel industry strongly disagrees. According to the BLS, the number of travel agents in the US will decrease by about 12% over that time. In 2014, 74,100 agents worked full time. That’s down from 124,000 in 2000. Despite this, there is still a significant demand for travel agents, particularly among millennials.
According to the NACTA, six out of ten travel agents reported higher sales and revenues in 2015. The industry has experienced steady growth since 2011, and more independent travel agents are choosing to join a host agency because of the commission split. Independent travel agents who work for a host agency cite reputation and supplier relationships as top reasons for choosing a host agency. While the majority of travel agents work full time, some work additional hours during peak travel periods.
Although the number of travel agents in the US has decreased slightly over the past five years, the industry continues to grow. Several trends indicate that the number of travel agencies will increase or remain stable over the next five years. One trend is clear: consumers will increasingly book their travel online. ASTA argues that this trend will continue, and that the number of travel agents in the US will increase over the next five years.
The Bureau of Labor Statistics recently revised its Occupational Outlook Handbook, predicting that the number of travel agents will decrease by 12% over the next decade. This prediction is in direct contradiction to industry figures, which show continued growth. While ASTA uses the latest Census Bureau number, it acknowledges that IBISWorld’s figure is likely to capture the high end of the travel agent population. In addition, ASTA’s executive vice president for advocacy, Eben Peck, noted that the industry has continued to grow, with the number of travel agents growing in parallel with outbound tourism spending.
The largest employment sector for Travel agents is travel arrangements and reservation services. However, the highest paying industry for Travel agents is administration of economic programs & space research. Travel agents are concentrated in the Queens Village PUMA in NY and Miramar (West) PUMA in FL. This distribution of jobs among Travel agents shows that the median annual wage for this occupation is $16,800, which is slightly higher than the national average.
According to the Bureau of Labor Statistics, there are nearly 17,500 travel agents in the US. The majority of Travel agents are White (non-Hispanic) and are about 49 years old. The median age of Travel agents is 51.7, and the gender of these agents is predominantly female. They spend an average of $128,000 per year with their Travel advisors, and they typically spend $1,735 per night on their trips.
According to ASTA, 12% of US travel agents are independent contractors. It is not clear which type of independent contractor they are, but the number is growing. According to the organization, ASTA’s members are increasing at a faster pace than the travel industry’s total employment. However, it is not clear which type of travel agent is the most prevalent. Nevertheless, the industry remains a thriving industry.
Recent reports have shown that Millennials are more likely to use a travel agent than older generations. Of Millennials, 72% said they would seek the assistance of a travel agent to plan a trip. This compared to 43% of Generation Xers and 37% of Baby Boomers. Whether Millennials are booking their trips through an agent or not, a majority of their travel plans are domestic and not international.
A recent survey by MMGY Global’s Travel Intelligence group found that 68% of consumers surveyed used a travel agent during the past year. The number of travel agents in the US decreased from 124,000 in 2000 to 74,000 in 2014, and then bounced back to 81,700 in 2018. The government projects a further 12 percent decline in the number of travel agents by 2026.
While there are many reasons to use a travel agent, the main reason is time and money. While there are cheaper options, you’ll be better off with an expert’s guidance. Also, a travel agent can get you better deals for larger groups and bulk purchases. Whether you’re traveling with a large group or planning a complex trip, a travel agent can save you time and money.
Millennial travelers are particularly interested in using an agent. They spend up to 25 hours a week online, and they tend to favor content-driven media. They view travel agents as advisors and use their expertise to plan their trips. In fact, 80% of millennials regularly look at travel-related articles on the internet. They also watch videos related to travel. While they might not book travel with an agent, they’ll still use them for advice, including when to spend their money.
The travel industry has undergone several changes over the past couple of decades. The number of full-time travel agents has decreased from 124,000 in 2000 to 74,000 in 2014. Telecommuting has made many business trips unnecessary, and online booking has altered the business model of travel agencies. However, despite these changes, a majority of Americans still prefer to use a travel agent to plan their travel. This change is likely to continue, and the travel agent industry is poised to experience a sea-change in 2021.
According to the Bureau of Labor Statistics, approximately 4% of US workers are Travel agents. The median age of Travel agents is 49.3. Male employees are generally 2.43 years younger than their Female counterparts. According to the Bureau of Labor Statistics, job growth for Travel agents is less than 3.7 percent. However, the median salary is significantly higher than the national average. So, what makes a Travel agent different from other professionals?
A travel agent is a professional who helps others arrange their travel arrangements. They search for flights, hotels, and transportation and even help people organize packing lists. The salary of a travel agent can range from $10 an hour to over $100,000 a year depending on experience and success. The typical salary for a travel agent is $35,000 to $45,000, but you can earn much more if you have the right skills and experience.
According to the Bureau of Labor Statistics, there were about 105,300 full-time travel agents in the U.S. in May 2008. However, according to PhoCusWright, there are approximately 30,000 independent travel advisors in the US. As a result, the number of US travel agents is expected to decrease by 12% in the next decade. But the travel industry strongly disagrees with the BLS’s prediction.
The Bureau of Labor Statistics estimates that there are about 74,100 travel agents in the U.S., down from 75,100 in 2014. ASTA, however, strongly disputes this. It points out that the number of agents has been steadily increasing in the past five years. As such, there is little reason to believe that this percentage is going to continue to decline. It is likely that there are more agents than ICs.
The percentage of people who use traditional travel agents continues to decline. A recent MMGY Global survey of over 5,000 people in the US revealed that Millennials are the most likely group to use travel agents, while Gen Xers, Baby Boomers and older generations are not as likely. In fact, only 27% of Millennials report that they use traditional travel agents, compared to 11% of Gen Xers and only 5% of Baby Boomers.
While there is an increase in job opportunities for travel agents, the industry is still experiencing a slow growth. The COVID-19 pandemic may have contributed to this, but the average number of openings for travel agents in the US is still high. The average salary for a travel agent is around $40,000 per year, plus tips and commissions. The salaries can be high or low, depending on experience and the size of the travel agency.
While there are approximately 74,100 active travel agents in the U.S., the Bureau of Labor Statistics (BLS) predicted that the number of these agents would decrease by 12% between 2014 and 2024. However, the travel industry strongly disputes these projections. There are a number of factors that may explain this decline. Here is a breakdown of some of the most significant factors. Firstly, ASTA strongly disagrees with BLS’s claim that agents are on the decline.
In order to make an accurate estimate of the number of agents in the US, it is necessary to look at multiple sources. For example, the American Society of Travel Advisors (ASTA) and HAR have teamed up to determine the number of active independent contractors. They also cited the Census Bureau’s latest numbers to determine how many ICs are in business. However, it is important to note that the number of agency employees has increased by 8% in the last five years.
Using a travel agent is the most convenient option for many travelers. Travel agents are highly effective for certain types of travel. They are heavily used in luxury travel, corporate travel, and group travel. Their knowledge of travel, special relationships with hoteliers, and time-saving skills are valuable. For high-end trips, they are particularly useful since they can offer special benefits such as discounts for large groups. They also have access to bulk purchasing options that save travelers money.