The number of travel shops operated by retail travel agents in the United Kingdom declined by nearly 18 percent in June 2023 compared to March 2019. Overall, there were 3,481 retail travel agent stores operating in the UK as of June 2023.
What is the market size of travel agency in the UK?
The market size of the Travel Agencies industry in the UK is measured at £29.1bn in 2023.
Who is the biggest travel agent in UK?
Hays TravelOperating for over 40 years with over 450 branches, Hays Travel is the UK's largest independent travel agent.
How many travel agents exist?
Which States have the highest number of businesses in the Travel Agencies industry in the United States? California (13,367 businesses), New York (10,701 businesses) and Florida (9,528 businesses) are the States with the most number of Travel Agencies businesses in the US.
What do travel agents get paid UK?
The average salary of travel agents is between £18,000 and £27,000 per year.
What is a travel agents salary UK?
The average salary for Travel Agent is £26,438 per year in the United Kingdom. The average additional cash compensation for a Travel Agent in the United Kingdom is £3,307, with a range from £1,231 – £8,881.
How many online travel agents are there in the UK?
The market size of the online travel agency industry in the United Kingdom reached approximately one billion British pounds as of January 2023. As of that month, 714 businesses operated in that market, employing roughly 3,323 people.
How many travel agents are there in the UK?
What is the revenue of Travel Agencies in the UK?
The market size, measured by revenue, of the Travel Agencies industry was £9.9bn in 2022. What was the growth rate of the Travel Agencies industry in the UK in 2022?
How many travel agents are in the USA?
As of May 2022, over 53 thousand adults were employed as travel agents in the United States, an increase of nearly 16 thousand from the previous year. The number of people employed as travel agents in the U.S. fluctuated over the past seven years.
Do you need a license to be a travel agent in the UK?
Air Travel Organiser's Licensing (ATOL)This license allows you to sell airline tickets. Without it, you'd be confined to providing accommodation and ground transport only. Every UK travel company that sells overseas holidays and flights is required to hold a license in the event that a company ceases trading.
How much do travel agents make per booking UK?
Here's the breakdown: The average booking value for a holiday right now is around £4,000. The average commission that creates is 10%; so £400 for a £4,000 sale. The average salary of £24k, divided by £400 per booking, is 60 bookings.
What qualifications do you need to be a travel agent UK?
There are no set entry requirements, but a good general standard of education is expected. Some employers may ask for English and maths GCSEs or equivalent. Good geographical knowledge will also be helpful.
Who regulates travel agents in the UK?
The CAA regulates travel organisers primarily in order to provide customers with protection against their insolvency, to ensure that they do not become stranded abroad or lose money paid in advance when a tour operator fails.
Do travel agents charge a fee UK?
Commission for UK travel agents is typically a percentage of the total cost of the trip. It's important to note that commission fees can differ based on the supplier and the product you are booking.
Which UK travel agent went bust?
Thomas Cook's collapse on Monday sparked the UK's largest repatriation in peacetime history. About 600,000 people were left stranded abroad — 150,000 of whom are UK residents.