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Sector facing shortage of luxury travel advisors

Luxury
Rob Gill
13 December 2018

Luxury travel is facing a shortage of expert consultants, with demand from affluent travellers outpacing availability of advisors, Virtuoso has said.

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The global luxury network said it had seen growth in its travel advisors of 126% over five years, but versus a growth in the number of potential high net worth clients of 156% over the same period.

“The human vending machine agency has demised,” said Virtuoso founder and chief executive Matthew Upchurch, speaking at ILTM. ”Those who survived, thrive today and we continue to see so many career switchers joining the sector too, whether they be bankers, lawyers or fresh graduates.”