ASTA: Agents' profitability rose 10% in 2013

03/13/2014 | TravelPulse

The number of ASTA-member travel agents that reported profitability in 2013 rose 10% compared with figures in 2011 and 2012, the 2014 ASTA Agency Profile shows, and two-thirds of agencies were profitable. ASTA also reported increased consolidation among agencies, as indicated by a decline in percentage shares among agencies with sales between $1 million and $50 million. "Once again, travel agencies have shown their resilience and ability to adapt to a constantly changing marketplace," ASTA President and CEO Zane Kerby said.

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