Royalty-free Stewardess photos free download | Pxfuel

Are Travel Agencies On The Way Out?


July 7, 2023 | Eul Basa

Are Travel Agencies On The Way Out?


The scandal involving the Thomas Cook collapse drew a lot of skeptical attention to the travel and tourism industry. The agency giant, which has been around in some form or another since 1872, went out of business in 2019, leaving 60,000 travelers stranded mid-trip at the time.

It’s a tourist’s worst nightmare. Luckily, airlines and other businesses pulled together to get those weary people home in the biggest repatriation effort since WWII.

But now that the mess has been cleaned up, the Thomas Cook fiasco has us wondering: is this the beginning of the end for travel agencies in general?

anete-lusina-rFKBUwLg_WQ-unsplash-300x200.jpgPhoto by Anete Lūsiņa on Unsplash

I’ll be honest: I’ve never used a travel agency in my life. My parents did - they no longer do - and I know a few people at least who wouldn’t dream of going abroad without one.

They are in the minority. Since the advent of the internet, cheap flight aggregators, Airbnb and other services that render the need for middlemen obsolete, travel agencies have been dwindling in influence. At one time, they were the gatekeepers between you and your destination. Not anymore. 

Why is that?

Planning a trip yourself is part of the fun

It’s not just that booking your own hotel and airfare is cheaper if you do it yourself; self-directed travel allows you to be more nimble and spontaneous than the red blazers at Flight Center.

Part of their job is pushing vacation packages that take all the guesswork out of exploring the world. However, today’s traveler wants to do that work. Finding mt own flights, the best ways to get from the airport to where I'm staying, and piecing out all the details that go along with planning a trip is how I feel closer to my destination before I even get there.

This kind of research, where I might stumble across a great restaurant while mapping out the streets around my hostel, enriches the experience from the get-go.

wanaporn-yangsiri-o7wNBwl8sFk-unsplash-300x200.jpgJen Batler

Advertisement

Apparently, I'm not alone. In MMGY Global’s Annual Portrait of American Travelers Survey, only 16% of travelers report using an agent or an agency. That’s down from 17% and 19% in the previous two years. Many people have become reluctant to use one because they don’t want to pay more for “one size fits all” travel offers.

Do you really need a travel agent?

Recently, I read an article about why we still need travel agencies. I’m sure it was written by a travel agent, but I considered the arguments in good faith and easily dismissed every one. Here they are:

  • They provide additional perks, like chef’s dinners and a better seat on the plane. Guess what? Those perks are there for the taking, and you can access them without paying an agency commission.
  • They can save you time and money. This argument assumes that someone traveling for leisure doesn’t have time to spend five minutes booking a flight online. And these days, a Google search will tell you the cheapest hotel option in 0.002745567783 seconds.
  • They’re there for you if things go south. Listen up, fellow snowflakes: if we can’t get ourselves on another flight after missing the last one, the whole generation is doomed, just like the boomers predicted.
  • They provide a human touch. Here’s my favorite part: “Travel agents are more than itinerary-fillers, they're people who care about what you want and how you feel.” Anyone who’s worked in customer service knows this is patently untrue, and anyway, no one cares about my solo vacation to Honolulu more than me, Karen; no one. 

joshua-earle-8MbdD0pHXGY-unsplash-300x200.jpgPhoto by Joshua Earle on Unsplash

Advertisement

Leaving on a private jet plane

While the industry is undeniably narrowing, there is still one aspect in which travel agencies find themselves useful, and that’s luxury travel. Access to exclusive hotels, cruises, and vacation packages allow agents to offer top-of-the-line trips when money is no issue. This is backed up by the latest industry trends, which suggest that while people are spending more on travel ($307 billion so far in 2019), the actual number of businesses is steadily shrinking.

So while cookie-cutter vacation pushers like Thomas Cook may be facing the end of an era, there’s still room for boutique agencies catering to those who want a streamlined travel planning experience. For most of us, however - the other 84% - the appeal of travel booking is in figuring it out on our own. 

istock-685853708travel-passport-map-960-1530022429604-300x200.jpgPixabay

Advertisement

READ MORE

Confused couple with HOA notice

The HOA approved my renovation, but now says it violates updated rules. Can approvals be reversed after work begins?

You got the approval and did the paperwork. You hired contractors and maybe even lived through the noise and mess. Now, out of nowhere, the HOA tells you the renovation violates updated rules and needs to change or stop.
February 16, 2026 Quinn Mercer
Internal - Boss Cult Behavior

My boss makes us chant affirmations to a cardboard cutout of himself every morning. Is this a cult—or just illegal?

A hilarious yet insightful look at what to do when your boss forces employees to chant affirmations to a cardboard cutout every morning. Learn whether this bizarre workplace ritual is a cult, illegal, or just deeply unprofessional—plus practical advice, legal context, and strategies for protecting your sanity. Perfect for readers navigating toxic or absurd office dynamics.
December 17, 2025 Jack Hawkins
destinationsusinternal

The 5 Best Cheap Destinations In The U.S.

Hoping you'll get the chance to take a summer vacation? You don't have to break the bank. There are plenty of great, cheap destinations in the U.S.
June 27, 2023 Eul Basa
remotework_internal

Is Remote Work More Or Less Productive?

As remote work stays in the spotlight, so does the debate: Are employees more productive in pajamas or at a desk? According to the experts, the answer is surprisingly simple!
March 20, 2025 Laidley Bates
Woman worried about renovations

I want to renovate our kitchen before selling to increase the home’s value, but my husband says we won’t recoup the cost. Is he right?

You’re about to sell, and your instinct is clear: update the kitchen, boost the value, sell for more. Your partner, on the other hand, says you’ll spend a fortune and never get it back. So, who’s right?
February 25, 2026 Quinn Mercer
taxratesinternal

7 Countries With The Lowest Corporate Tax Rates

Looking to save money on your tax bill? Consider opening up shop in one of the countries with the world's lowest corporate tax rates.
July 6, 2023 Eul Basa


Disclaimer

The information on MoneyMade.com is intended to support financial literacy and should not be considered tax or legal advice. It is not meant to serve as a forecast, research report, or investment recommendation, nor should it be taken as an offer or solicitation to buy or sell any securities or adopt any particular investment strategy. All financial, tax, and legal decisions should be made with the help of a qualified professional. We do not guarantee the accuracy, timeliness, or outcomes associated with the use of this content.





Dear reader,


It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.


Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!


Warmest regards,

The Moneymade team




✕