Typically after I inform folks that I’m an editor and author for publications whose readership is journey advisors I get this response: “Journey brokers nonetheless exist?”
It’s the response that invariably amuses me, however now greater than ever. Not solely do journey advisors nonetheless exist, however many are additionally thriving like by no means earlier than.
That truth was underscored at Journey Consultants’ third Summit, which introduced collectively 160 of the posh host company’s advisors and 60 suppliers on a five-night constitution of Seabourn’s Seabourn Ovation roundtrip from Barbados.
Journey Consultants’ brokers aptly illustrate at the moment’s demand for skilled advisors, as evidenced in onerous numbers.
In 2019, Trave Consultants’ advisors produced $382 million as compared – which rose to $534.9 million in 2022 – and with a median fee per reserving advisor of $95,000. In all, the common sale per reserving advisor stood at $1.05 million, and a complete of 48.3 million fee was paid final 12 months.
That enterprise continues to develop exponentially for Journey Consultants’ advisors, however that development comes with a caveat. Suppliers are being stretched to their limits to state unprecedented demand.
(Search for my TravelPulse story on this topic coming month.)
The Summit served as a great venue for journey advisors and suppliers to return collectively to handle these points and a spread of others.
One in every of Journey Consultants’ hallmarks, in spite of everything, is its concentrate on collaboration and networking amongst members – one thing I noticed clearly throughout the Summit.
“As a result of Journey Consultants is made up solely of ICs, we frequently work in our personal little bubbles, mentioned Margot Kong of Journeys Unparalleled. “This occasion is a superb alternative for advisors to interrupt out of these bubbles and share with each other, commiserate about related enterprise challenges, and examine, and probably even companion, on sources, methods, and practices.”
Added Jeffrey Traugot of Traugot Journey, “The Summit was an extremely beneficial expertise,” he mentioned. “The chance to satisfy with over 160 colleagues/friends to debate finest practices, get to know one another higher, meet new folks and see previous mates in an remoted atmosphere gave us the chance be taught greater than if we had been simply working out and in of conferences.
“And the time spent to satisfy our suppliers/distributors and get to know them on a private stage was nice. Our enterprise is relationship primarily based and the stronger relationships we’ve got, the higher we are able to work and work together.”
Suffice it to say that the Summit enabled each advisors and suppliers to strengthen their relationships – which can invariably end in superlative trip experiences for his or her mutual prospects.