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
Backend business organization? Contracts? Fraud Risks? [not-audio_url] [/not-audio_url]

Duration: 26:51
Steph and Shayna welcome Sheila Folk of Travel Industry Solutions to cohost the Friday 15 this week! You can check out TIS’s profile here on our brand-new travel tech software profiles.Here are the juicy questions they’l…
Commission Splits? Selling Myself? Group Booking Contracts? [not-audio_url] [/not-audio_url]

Duration: 20:55
Shayna Zand and Steph join forces with Vacation Planners and Travel Planners International to host this week's Friday 15 to celebrate the beginning of the long weekend in the USA. You can check out their HAR profile HERE…
Investing in my website? Do I really need an SEO strategy? [not-audio_url] [/not-audio_url]

Duration: 18:01
Shayna Zand and Steph join forces with Solstice Collective to host this week's Friday 15 to celebrate the beginning of the long weekend in the USA. You can check out their HAR profile HERE! Also, we have a veritable barr…
Group Travel Niches? Preferred Supplier Networks? Boutique Suppliers? [not-audio_url] [/not-audio_url]

Duration: 22:44
Shayna Zand and Steph cohost with April Swales of Uniglobe Travel Center to host this week's Friday 15 to celebrate Travel Advisor Day/Month. You can check out their HAR profile HERE! You can scope out our questions belo…
How To Trademark Your Agency? Interested in Multi-Gen Niche! [not-audio_url] [/not-audio_url]

Duration: 16:45
Shayna Zand and Steph join forces with Fora Travel to host this week's Friday 15 to celebrate the beginning of May. You can check out their HAR profile HERE! Also, we have a veritable barrage of questions this week, whic…