Despite the optimism of the travel trade publications, you only need to look at the stock prices of the major cruise lines to see what’s happening in cruising. Compared to a year ago:
- Carnival stock is down by 61%
- Norwegian is down by 56%
- Royal Caribbean is down by 55%
A drop in stock prices doesn’t reflect past woes. It predicts what analysts think companies will be earning in 3-6 months. Morgan Stanley’s Jamie Rollo outlined a worst-case scenario in which Carnival stock could fall to $0 during a global economic downturn. Read the rest of this entry »
The Travel Institute and AmaWaterways have launched a new, additional $50 bonus commission for all travel professionals who successfully graduate with their CTA, CTC, or CTIE in 2022 and subsequently book and deposit a new AmaWaterways river cruise within 90 days of their certification date.
“Certification from The Travel Institute has propelled many travel advisors’ forward giving certified advisors the knowledge, know-how, and confidence they need to best advise their clients. We want to recognize those advisors for making this investment in their careers and striving to be their best for our mutual guests by giving them something extra to recognize this achievement,” shared Diane Horan, CTC, director of Strategic Partner Networks with AmaWaterways.
Horan, a longtime advocate of agent education and The Travel Institute, said the new bonus commission applies to any new booking for travel in 2022 or 2023 and is combinable with some additional promotions that may also be available at the time of booking. For advisors who graduated earlier in 2022, the program is retroactive to January 1 allowing 90 days from announcement of the bonus program for early 2022 graduates to complete a new AmaWaterways river cruise client booking.
According to Guida Botelho, CTIE, director of training for The Travel Institute, the AmaWaterways bonus commission in effect decreases the cost of certification by approximately 10%. “We applaud AmaWaterways, the leader in luxury European river cruising, for their efforts to support, recognize and reward travel professionals who go above and beyond to achieve a higher level of professionalism, career success and satisfaction via certification. Together with our graduates, they are creating truly amazing travel experiences,” she said.
To receive their $50 USD, pre-paid digital Visacard,* graduates must first register for the commission and then email AmaWaterways providing their date of certification along with the passenger’s full name and booking number. The card can be used everywhere Visa debit cards are accepted and is redeemable for one year from date of issue; full details for the commission plan are available online at registration. Learn more at The Travel Institute.