There’s a new niche in the travel industry and its name is Taylor Swift, it seems.

With her concerts selling out at exorbitant prices in the United States, some Swifties are looking to the pop star’s European tour schedule—and reaching out to travel advisors to book them a trip around their ticket dates. Better still, budget seems to be only a minor issue.

“This whole concept of parents taking their teenagers to Taylor Swift concerts is an opportunity for travel advisors,” Read the rest of this entry »

As many travel agents view it, providing airline tickets isn’t a real business—it’s a giveaway. Since domestic tickets don’t pay commissions, they serve as loss leaders for compensation paid by cruise lines, hotels, resorts, and escorted tour providers. Selling Business Class and First-Class air tickets is a different matter due to the huge commissions paid, but they probably account for no more than 10-15 percent of the tickets that pay nothing.

The lack of financial incentives isn’t the only problem. Unless your business is large enough to justify a GDS, you spend much of your work life waiting on “hold” for airline service personnel, or listening to Sally explain why she can’t fly on Saturday or needs a window seat. Read the rest of this entry »

There were four interesting takeaways from the Travel Leaders Network press conference in New York last week, but this one really caught my eye: An air booking system, already in beta testing at new TLN member Avoya Travel, that holds the promise of increasing airline commissions and making it possible to build and price your own resort packages.

Also on the agenda were membership numbers that keep on growing, a new cruise booking tool, and more education around potentially profitable niches.