How to Charge Fees as a Travel Agent

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  • čas přidán 21. 07. 2024
  • How do travel agents make money? What kinds of fees can travel agents charge? How do I know if charging a fee is right for my travel business? How do I let my clients know I am charging a fee?
    If you've ever asked yourself any of these questions, you have come to the right place for answers!
    In this episode of Travel Agent Tips, Bill Coyle covers everything you need to know when considering implementing a fee for your travel business.
    Looking for more education as a travel agent? Don't miss our talk show KHM Today: • KHM Today | Your Trave...
    KHM Travel Group is not providing legal advice and always recommends you consult a legal professional for operating your travel business.
    0:00 - 0:38 Welcome to Travel Agent Tips
    0:38 - 2:40 Why Charge Fees?
    2:40 - 4:10 Different Types of Fees
    4:10 - 5:32 Does Bill Charge a Fee?
    5:32 - 8:08 Client Communication
    8:09 - 9:05 Legal Considerations
    Connect with us on Social Media:
    Facebook: / khmtravel
    Twitter: / khmtravel
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    LinkedIn: / khm-travel-group
    Web: khmtravel.com/
    CZcams: bit.ly/2vIi0DQ\

Komentáře • 13

  • @k.m.pressley7148
    @k.m.pressley7148 Před rokem +1

    Thank you for this information!

  • @TravelwithWendy
    @TravelwithWendy Před rokem +1

    Thank You BILL!! This was awesome :) Well said

  • @sweetexitstravel
    @sweetexitstravel Před rokem

    Love your videos Bill! Hopefully I'll get to meet you at Boot Camp this year!

    • @KHMTravelGroup
      @KHMTravelGroup  Před rokem

      Thank you for watching! We are glad you find our Travel Agent Tips helpful and can't wait to see you at a KHM Travel event!

  • @lauraheavrin2864
    @lauraheavrin2864 Před 11 měsíci +2

    Great info, Bill! I started charging fees after Crystal this year. I haven't had one client pushback on it.

    • @KHMTravelGroup
      @KHMTravelGroup  Před 11 měsíci

      Congratulations! Happy to hear this has been going well!

  • @iamhimalshah
    @iamhimalshah Před 2 měsíci

    Great info! For a simple air tickets , does it make sense to charge a service fee, considering the fact that after addition of that fee , ticket price might easily surpass any other online price

    • @KHMTravelGroup
      @KHMTravelGroup  Před 2 měsíci

      Thanks for watching!
      Several years ago, the airline industry stopped paying commissions to travel agents. Most companies now charge a small service fee on all airline tickets. You are able to add a service fee to the price of your client’s ticket. While you can sell airline tickets as a travel agent, we don’t encourage you to focus your business on selling air.

  • @sharoncrenshaw488
    @sharoncrenshaw488 Před 5 měsíci

    What's a good number for a planning fee that's what I struggle with.

    • @KHMTravelGroup
      @KHMTravelGroup  Před 5 měsíci

      Determining your service fee is entirely up to you as a business owner. We suggest considering a few factors:
      -what is your average planning time?
      -who is your key demographic?
      -what is your niche and how often to sell outside of that, requiring additional education and research?
      We find typical service fees range from $50-$200.

  • @darylu231
    @darylu231 Před rokem

    promo sm