08/05/2021
“Like most travel agents, Sarah Fazendin spent much of last year canceling trips for clients. The owner of Videre Travel, an agency in Denver that specializes in high-end family getaways, scrambled to secure refunds and credit vouchers and organize paperwork for travel insurance claims.
That wasn’t the worst of it. “When an airline refunded a client, they also recalled our commission,” she says. “So as I worked around the clock, I watched my revenue go from record-breaking to nonexistent.” Hers is a common story: Travel agents as a whole lost a combined $12.4 billion in 2020, according to research company Phocuswright.
The travel agent may be one of the most misunderstood professional groups around. In a world with tons of digital DIY planning tools, who needs them? But thanks to fast-changing Covid-19 testing protocols, border restrictions, shifting airline schedules, rental car scarcity, and limited hotel inventory, even the most confident jet-setters are turning to the pros for help.”
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Read the full article at: https://www.bloomberg.com/news/articles/2021-07-30/the-travel-agent-is-back-how-to-know-if-you-need-one-during-covid
Bloomberg Businessweek