Travel agencies traditionally made money from commissions when they sold travel services-mostly airline tickets.However, with the decrease in commissions being paid out to agencies, they have had to evolve their business practices.
a)Identify and explain two factors that are changing the way agencies earn revenue.
b)Explain two factors that will help travel agencies survive in the coming years.

Question

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The Answer of Travel agencies traditionally made money from commissions when they sold travel services-mostly airline tickets.However, with the decrease in commissions being paid out to agencies, they have had to evolve their business practices.
a)Identify and explain two factors that are changing the way agencies earn revenue.
b)Explain two factors that will help travel agencies survive in the coming years.

Travel Agencies Traditionally Made Money from Commissions When They Sold