Things To Know About Travel Consolidators

Travel consolidators are high-volume ticket brokers. They purchase large scale tickets and sell them to​ customers for a​ lower price than the​ published fares.

A travel consolidator buys a​ large amount of​ tickets directly from the​ carriers or​ the​ airline companies. This way they get discounted prices because of​ the​ volume they purchased. They negotiate with these carriers so they get big discounts. Some travel consolidators even have their own contracts with the​ airline companies.

However,​ they only negotiate for a​ specific region. Somewhere they know that is​ a​ popular destination,​ this way they could sell their tickets faster. Some consolidators are even owned by the​ carriers themselves. Big airline companies normally have several travel consolidators under their wing. These are done because there may be instances that a​ number of​ seats are not sold for a​ specific flight. What the​ carriers and the​ consolidators do is​ to​ sell these empty seats at​ a​ lower fare. Consolidators buy the​ extra tickets at​ a​ lower price and sell them to​ travelers on​ a​ lower fare than the​ published rates.

It is​ not publicly known how consolidating works for travel. Consolidators get their tickets in​ a​ much lower price than an​ ordinary person because of​ the​ volume of​ tickets they bought. This way they could resell the​ tickets at​ a​ much lower price to​ travelers. But they do make profits. Yes they sell tickets at​ a​ lower rate but that doesn’t mean that they are sacrificing their profit. Everything is​ all about money. And they well know how to​ make money. They also sell the​ tickets with the​ same price as​ the​ published fares. This way they earn a​ bigger profit.

They have their own market. Some consolidators sell their tickets to​ travel agents alone and some sell them both to​ the​ travel agent and the​ public. Some also sell their tickets online.

Travel consolidators even come with different classifications. There may be those who only do wholesale,​ meaning they resell their tickets in​ volume. Other travel consolidators might be those specializing on​ the​ destinations. This means that they only buy tickets on​ specific regions. However there are also those that specialize on​ multi-stops or​ those tickets on​ fights that have several stops.

Like any other jobs travel consolidators have their own pluses and minuses. They have the​ privilege of​ buying tickets below the​ published fares and have the​ liberty of​ buying them until the​ departure date of​ the​ said flight. However,​ they also have their own setbacks. the​ ticket that they could buy only goes on​ a​ specific route which narrows their market. Another thing is​ they have to​ negotiate well because it​ means profit!
Things To Know About Travel Consolidators Things To Know About Travel Consolidators Reviewed by Henda Yesti on August 20, 2018 Rating: 5

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