How much commission does a travel agent earn?
Quick Answer
Travel agents earn a percentage of the total value of every booking they make. This percentage varies depending on the model an employer or chain utilizes. Travel agents earn a base salary apart from commissions so that this percentage acts as an incentive to generate higher sales.
Continue ReadingFull Answer
A travel agent earns commission on every booking made, be it for a hotel, flight, car, cruise or package deal of any variety. The amount earned from each booking is dependent on the travel agent's firm. Agencies provide compensation in the form of commissions ranging from 10 percent to 17 percent of the full value of pre-tax transport, lodging and amenities.
Private establishments also staff their own travel agents and supply similar incentives for generating more revenue. These hotels, rental car outlets, cruise lines and airlines offer compensation that is generally 10 percent of all sales.
Travel agents are compelled to make more sales to increase their commissions. At the same time, this grants them the ability to create special deals and create custom packages for travelers. Price matching, reduced travel insurance and savings for booking early or online are common tools for boosting commissions and sales. Commissions are protected by confidentiality agreements between employers and their workforce, thereby allowing companies more freedom in pricing.
Learn more about SalariesRelated Questions
-
Q:
How much commission does a car salesman make?
A: According to the Auto Cheat Sheet, car salespeople are paid a percentage of the dealer's profit, typically around 25 percent for new cars though this can v... Full Answer >Filed Under: -
Q:
How much commission do insurance agents make?
A: Insurance agents make a sizable commission on the first year of a policy and an ongoing commission as long as the policy is active. In many cases, a commis... Full Answer >Filed Under: -
Q:
What is the average commission percentage for a real estate broker?
A: The average commission percentage for a real estate broker is about 6 percent as of 2016. Real estate brokers get paid on commission, meaning that they are... Full Answer >Filed Under: -
Q:
What is the standard commission rate that a Realtor receives?
A: A standard commission a Realtor receives upon selling a house does not actually exist, though the usual commission tends to be about six percent. The commi... Full Answer >Filed Under:
You May Also Like
-
Q:
What is the typical salary of a medical technologist?
-
Q:
What is the average salary of a criminal defense lawyer?
-
Q:
How much do school teachers get paid?
-
Q:
Where can you find a current minimum wage chart sorted by state?
-
Q:
What is the average salary for a surgical assistant in 2015?
-
Q:
What was the standard Federal Pay Raise in 2010?
