Most travel agent training services don’t charge a cent when you start your own online travel agency. However, as with many instances, there’s always a catch.
Consumer protection will become one of your priorities in this business. In the event that a travel agent fails to fulfill the consumer’s expectations (hopefully, this doesn’t happen to you), bonding will make sure the client gets a just recompense. Normally, this comes either in the form of a refund or another travel package of equal value.
Most travel organizations require an agency to be bonded to join their ranks, although licensure by these organizations isn’t really a requirement. Take note that a travel agent bond is a type of insurance which ensures that an agent will legally handle money and other transactions. Hence, it’s not unusual for travelers to opt for bonded travel agents.
Like mortgage, travel bonds are maintained via a monthly fee. The amount depends on the terms set by the bond provider, but estimates range more or less $60. Nevertheless, the large commission you’ll get from running an online travel agency is more than enough to offset the monthly cost. If you want to make the most out of your business, attract more clients to your agency by ensuring that you have the necessary credentials.
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