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By the early 1990s, the trend of agents moving home was
underway and competition for independents was increasing. Host
agencies were springing up everywhere, and while still
considered controversial, home-based travel agents were becoming
recognized.
Not too many years ago home-based travel agents were thought
to be somehow less than their storefront counterparts. Today,
they are the most sought after segment of the travel industry by
suppliers that recognize the dramatic change that has occurred
over the past decade.
A recent 2005 report by Credit Suisse/First Boston on the
emerging home-based travel agency model estimates there are
between 15,000-20,000 professional home-based travel agents in
America. This number is expected to grow to over 30,000 by 2007
and 50,000 by 2010. These professional agents, who have left
their traditional storefront travel agencies to operate a
home-based agency, represent an estimated $7.6 billion in travel
sales.
View
Report
Other reports estimate that there are over 300,000 additional
people in the United States selling travel out of their homes.
Changes in the workplace, technology and family life have led to
a dramatic surge in the number of home based businesses.
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