Explore tens of thousands of sets crafted by our community.
Travel Agency Business Models
10
Flashcards
0/10
Home-based Travel Agency
A travel agency operated from home, allowing for flexibility and low overhead costs. Consultants may work independently or part of a host agency.
Consortium Travel Agency
A group of independent travel agencies that band together to increase their buying power and share resources, often providing members with benefits such as higher commissions and marketing tools.
Niche Travel Agency
Focuses on a specific market segment or type of travel, offering specialized knowledge and tailored services to its clientele.
Brick-and-Mortar Travel Agency
This model refers to a traditional travel agency with a physical office where customers can walk in to discuss and book travel services.
Luxury Travel Agency
Targets high-end clients by providing bespoke and high-quality travel experiences, often with a focus on exclusivity, personalized services, and luxury accommodations.
Hybrid Travel Agency
Combines online and offline services, providing customers with the convenience of online bookings and the personal service of a physical location.
Destination Management Company (DMC)
Specializes in local tourism and operates in a specific destination; providing detailed local expertise, they organize events, activities, tours, transportation, and program logistics.
Corporate Travel Agency
Provides business travel services, focusing on meeting the unique needs of corporations, such as managing travel policies and expenses.
Franchise Travel Agency
Operates under a larger brand's name providing instant recognition and a business model, with support in the form of marketing, training, and operations.
Online Travel Agency (OTA)
An internet-based travel agency that allows customers to book various travel services electronically without the need for a physical storefront.
© Hypatia.Tech. 2024 All rights reserved.