Republish "Travel Agents-An Endangered Species?"

Please Note: This page is for web site authors who want to post this article on their sites. To read the article, click here. Thank You.

Here you can get simple copy-and-paste code for the articles that you want to publish on your site.

The Code

Just copy and paste the code below to a page on your site. You may modify the code as you like as long as you leave the article and byline unchanged and the links active. Keep in mind that we do not own the copyright for the majority of the articles on here. Therefore, we ask that you respect the author's efforts and keep the links and byline intact. Note that you may get into legal trouble with the article's author if you choose otherwise. Thank you.

<html>
<head>
<title>Travel Agents-An Endangered Species?</title>
</head>
<body>
<h1>Travel Agents-An Endangered Species?</h1>

There is a paradox in the travel industry.
Traditional travel agencies and their agents are fast
disappearing from the landscape.
Ironically, this is occurring in the midst of tremendous growth
in the largest industry in the world, travel.
It is estimated that the impending retirement of the 1 Billion
Baby Boomers worldwide, will explode the volume of business in the
industry from $7 Trillion to $14 Trillion over the next 10 years.
The oil industry, in comparison, is only $4 Trillion per year.
The problem for the travel industry is that their erstwhile
customers now want to see a video of the resort they are interested
in, or will be able to check satellite photos and see that the
&#8220;Plaza del Mar&#8221;; allegedly a &#8220;seaside&#8221;
resort; really is a &#188; mile from the ocean and avoid being
ripped off! It is difficult to do that over the phone.
In what appears to be the largest paradigm shift in a major
industry in the country&#8217;s history, over 250,000 travel agents
have lost their jobs over the past 5 years as the automated
internet sites like Expedia eat their lunch.
The big guys see the disintegrating situation in the industry
and smell blood. They see the direction the wave is heading and get
there before everyone else.
Barry Diller, movie and TV mogul; bought Expedia, the number 1
on-line travel business for $5 Billion in 2001. He subsequently
bought Hotels.com and Ticket Master.
Cendant Corporation, a giant conglomerate, bought Orbitz,
another on-line travel agency, a couple of years later for $1.2
Billion.
Donald Trump just joined the fray with his own travel company,
Go Trump.
Wal-Mart has also developed an on-line travel subsidiary.
Some of the new players are introducing their own variations on
the theme.
American Express, the financial giant, is selling their own
private label travel websites as franchises, empowering ordinary
people to partake of the Internet Travel Boom by purchasing a
travel franchise for $10,000.
Magic Johnson, the Hall of Fame basketball player and
entrepreneur, is also selling private label, Internet Travel Sites;
as franchises too, at a price of $5,000, each.
Other, lesser known companies, such as YTB travel in Illinois,
are taking it a step further and are offering private labele
Internet Travel Agencies on a low cost, home based business model,
in the $500 range.
These developments are completing the industry&#8217;s
disintermediation, eliminating the middle man and empowering the
individual consumer.
They are also heralding a once in a lifetime opportunity for
home based entrepreneurs to make a fortune by getting a piece of
the largest business in the world.
Don&#8217;t miss out on it!

<div>Author Info 
Copyright 2007 Bill Young Bill is a financial personal trainer.
He teaches people how to Quit the Rat Race in a few short years by
developing multiple streams of passive income. If you would like to
learn more about getting involved in the burgeoning Internet Travel
Market, visit this site: 
<a target="_new" href="http://www.motivatedsellersonline.com/custom/index.cfm?id=104366&winpop=1">
http://www.motivatedsellersonline.com/custom/index.cfm?id=104366&winpop=1</a>
</div>

Article Source: <a href="http://www.innoarticles.com" title="Your #1 Source For Quality Articles">InnoArticles.com</a>
</body>
</html>

Republish "Travel Agents-An Endangered Species?"

The Code

Related articles you can post on your site