How To Sell an Agency? Back into the Travel Industry 30 Years Later!

How To Sell an Agency? Back into the Travel Industry 30 Years Later!

Author: Host Agency Reviews June 14, 2024 Duration: 26:14
In episode 160 Steph is co-hosting with April Swales of Uniglobe! Please join us as this dynamic duo tackles a couple of important questions! 1. I was wondering if I could pick your brain a little about the current status of the industry, the possibilities of finding someone interested in buying an agency, and what makes a travel agency attractive for a potential buyer. My mother isn't ready to stop working as an agent and loves helping her clients but I could see it being a good exit strategy for her in the near future. —Nathan 2. I went to an actual school in 1988 on the Sabre system. Do you know if there are courses that might bring me up to speed & how much they cost? I spoke with IATAN & ARC today. It's not as expensive as I thought it'd be but I'd still like to start off maybe working with a national agency for a while first. Thoughts? —Anonymous TODAY’S RESOURCES: https://www.youtube.com/live/b8PvbmxA35U?feature=shared&t=8959 (Host Week presentation with Steph and Marc Casto on selling an agency) https://www.tvlacq.com/ (Broker specializing in travel agencies/tour operators) https://www.score.org/resource/eguide/small-business-owner’s-guide-succession-planning https://www.trinet.com/insights/small-business-succession-plan-101 https://www.linkedin.com/pulse/general-guide-succession-planning-small-business-c-suitesupport https://hostagencyreviews.com/blog/become-corporate-travel-agent (Tips on how to become a corporate travel agent with links to Sabre trainings.) https://hostagencyreviews.com/blog/travel-agency-accreditation (A list of the different travel agent accreditation options.) https://hostagencyreviews.com/travel-jobs (Find travel agent jobs on HAR’s travel jobs board!) https://hostagencyreviews.com/blog/how-much-do-travel-agents-make-travel-agent-salary (Info on how much travel agents make) https://www.travelleadersoftomorrow.com/business/ (Travel Leaders of Tomorrow is only accepting students who have already secured a job with an agency but are in need of training.) https://hostagencyreviews.com/blog/what-is-gds (In-depth information on what the GDS, global distribution system, is and which travel advisors use it.) https://www.thetravelinstitute.com/product/sabre-personal-trainer/ https://your.sabre.com/sabretraining https://www.linkedin.com/advice/3/what-most-important-gds-training-resources-travel-ihklf

Hosted by the team at Host Agency Reviews, this audio channel blends two distinct formats into one practical resource. The first is Travel Agent Chatter, a quarterly series of spotlight interviews that dive deep into the experiences of working travel advisors. These longer conversations explore the real stories behind the careers, covering the nuances of building a business, personal client triumphs, and the cultural insights gained from a life in travel. The companion series, Friday 15, operates on a completely different rhythm. Every week, a focused fifteen-minute episode tackles specific questions from the travel industry, offering direct advice and timely insights that are both concise and immediately useful. Together, this podcast creates a balanced mix of inspirational narrative and actionable strategy. Whether you're seeking motivation from peer journeys or need quick answers to pressing professional questions, the channel is designed to support the daily realities of travel entrepreneurs. It’s a resource that understands the industry's blend of passion and pragmatism, delivered through the authentic voices of those who are deeply embedded in this world. Tune in for thoughtful perspectives that are as varied and dynamic as the travel profession itself.
Author: Language: English Episodes: 100

Travel Agent Chatter | Friday 15
Podcast Episodes
Travel Insurance? Fees? First 30 Days? [not-audio_url] [/not-audio_url]

Duration: 25:57
This week’s Friday 15, we're welcoming Jenn from HAR! A huge thank you to Avoya Travel for sponsoring this episode. Let’s have some fun, plus some questions to discuss this Friday at 12 pm CST. Join us! How important is…
$2M in Sales. No Team. No Marketing Budget. Meet Amy! [not-audio_url] [/not-audio_url]

Duration: 1:07:53
****** Transcript + Show Notes: https://har.news/vol35Special thanks to today’s sponsor: Uniglobe Travel CenterToday’s guest took a life-changing leap, selling her home, putting everything in storage, and moving her fami…
Closing a lead? Payment Practices? Trust? [not-audio_url] [/not-audio_url]

Duration: 18:03
This week’s Friday 15, we're welcoming Betsy from Uniglobe Travel Center! Let’s have some fun, plus some questions to discuss this Friday at 12 pm CST. Join us! I just started as a travel agent this past September. And I…
Leads? Payment Gateways? Hierarchies? [not-audio_url] [/not-audio_url]

Duration: 16:15
This week’s Friday 15, we're welcoming Erwing from Oasis Travel Network! Let’s have some fun, plus some questions to discuss this Friday at 12 pm CST. Join us! New advisor here, just starting out-I’m wondering if it’s po…
CRMs? Tech Tools? Unnecessary tech? [not-audio_url] [/not-audio_url]

Duration: 20:56
This week’s Friday 15, we're welcoming Katie from Tern! Let’s have some fun, plus some questions to discuss this Friday at 12 pm CST. Join us! I’m just getting started and trying to wrap my head around using a CRM, but I…
Client IDs? Net vs Gross? Selling Yourself? [not-audio_url] [/not-audio_url]

Duration: 26:51
This week’s Friday 15, we're welcoming Samantha from Jus Adventures! Let’s have some fun, plus some questions to discuss this Friday at 12 pm CST. Join us!I continue to see it recommended that we get copies of our client…
Corporate to Leisure? DMC Services? Destination Weddings? [not-audio_url] [/not-audio_url]

Duration: 19:55
This week’s Friday 15, we're welcoming Jennifer from Dugan’s Travels! Let’s have some fun, plus some questions to discuss this Friday at 12 pm CST. Join us! I love your podcasts and have been a loyal listener for over 3…
Checklists? Responsible Travel? Website? [not-audio_url] [/not-audio_url]

Duration: 17:46
This week’s Friday 15, we're welcoming Fora! Let’s have some fun, plus some questions to discuss this Friday at 12 pm CST. Join us! I am working on creating more automated processes and was wondering if there is a genera…
Niche from beginning? Website? FIT? [not-audio_url] [/not-audio_url]

Duration: 20:06
This week’s Friday 15, we're welcoming GTN! Let’s have some fun, plus some questions to discuss this Friday at 12 pm CST. Join us! Hi! I am looking forward to starting this next great adventure. I have a background as a…
Commission on Fees? Certifications? Facebook? [not-audio_url] [/not-audio_url]

Duration: 17:26
This week’s Friday 15, we're welcoming Dugan’s Travels! Let’s have some fun, plus some questions to discuss this Friday at 12 pm CST. Join us! How common is it for a Host Agency to take a commission on the planning/consu…