In the last decade, travel agencies have evolved from just booking flights and hotels to offering more than just tours and packages. They now offer customized trips and adventure tours for travelers of all levels with quite a few guided activities included, e.g. kayaking, biking and surfing lessons.
Trip planning is becoming an increasingly popular service among travelers and some agencies have even gone as far as to develop their own software for trip planning. For example, Booking.com has created a feature that allows users to create itineraries, check and search flights, book hotels, restaurants and attractions.
Many transportation and travel companies have also created their own in-house stores where they sell a variety of merchandise such as clothes, backpacks, watches, phone cases and bags. Some also offer discounts on their own products to travelers.
In recent years, travel agencies have evolved into something much more than just booking a flight for you. They are now an integral part of your travel experience, from booking your trip, to arranging activities during your stay, and even helping you find accommodations near where you’re visiting.
However, it is expected to see a significant decrease in demand over travel agencies in the near future. In this article, we will explore the reasons why travel agencies may not be needed anymore and what are the alternatives to trip planning agencies.
The History of Travel Agencies and How they’ve Evolved in the Last Decade
It is important to understand the history of travel agencies and how they’ve evolved in the last decade. In order to understand where we are going, it is important to know where we have been. The history of travel agencies has not been a linear path, but a series of ebbs and flows that have shaped the industry as we know it today.
The first iteration of a travel agency was created in 1841 when Thomas Cook organized an excursion for British working-class people to see the Great Exhibition in London. In 1887, Cook founded Thomas Cook & Son Limited which became one of the world’s leading travel companies.
A key turning point for travel agencies came with deregulation in 1978 when airlines were allowed to set their own fares and schedules. This led to many airlines going bankrupt and the government passing legislation to save them.
In the 1980s, travel agencies began to become more prevalent and many airlines started their own booking offices with the idea of partnering with their existing customers. These agencies were mostly regional in scope and limited in scope of services offered.
Because of technology advancements and a greater push towards consolidation, there has been a recent trend towards larger airlines purchasing or merging with smaller ones. This has led to a market for airlines for both the consumer and the entity controlling that airline.
The Reasons Why Travel Agencies Might Disappear in a Decade
The travel industry has gone through a lot of changes in the past few years. The rise of the sharing economy, the increase in online booking and the availability of more affordable travel options have all contributed to the downfall of traditional agencies.
It is predicted that by 2025, about two-thirds of all hotel bookings will be made through online channels. This means that these companies will be forced to find new sources of revenue to stay afloat.
But the major reason why travel agencies might disappear in a decade is because of how quickly technology is advancing. With the rise of new technologies such as mobile apps, online booking, and social media, people have been able to plan their own trips and book them themselves. This has led to a decline in the number of travelers who use agents for help with their trips.
Furthermore, travel is becoming much easier and safer in many regions across the globe. For instance, Europe is launching a new ETIAS travel authorization system in 2023, which can be filled in 15 minutes to get visa-free access to the Schengen zone. There will be hardly any tourism agencies getting involved in the ETIAS application process, because it’s going to be incredibly simple and straightforward.
In addition, people are getting accustomed to traveling on their own. A decade ago, transportation and relocation was not as easy as it is now. People were scared to pack and travel without professional assistance. But the internet has changed a lot of things and solo travelers are becoming increasingly common.
What Makes Travel Agents Irrelevant in Today’s Marketplace
Travel agents are becoming less relevant due to the rise of online booking. This is because the internet has made it easier than ever for people to plan their own travel arrangements and book them in a matter of minutes. The main reasons for the irrelevance of travel agencies are as follows:
- Online booking has made it easier than ever for people to plan their own travel arrangements and book them in a matter of minutes.
- The internet has made it possible to compare prices across airlines, hotels, car rental companies, etc.
- It is now possible to find out how long a flight will take or what time an airport will be open before booking your flight
- With sites such as Expedia, Travelocity, and Priceline offering deals on flights, hotels, and car rentals, the need for travel agents is no longer necessary
The industry is changing drastically, and the new technologies are making travel agents irrelevant. The number of travelers who book trips without the help of a travel agent has risen by more than 20% in the past decade.
The traveler’s perspective is that they don’t need a middleman when they can do it themselves. This is mainly because of the availability of information and booking platforms like Expedia and Booking.com where you can find flights, hotels, tours, and other travel arrangements with just a few clicks.
With the advent of new technologies, travel agencies are at risk of disappearing in a decade. Some argue that this is a good thing because it will mean more jobs for people who work in other industries. The downside is that many people will be out of work and not have a way to make money.