TRAVEL CONSULTANT REVIEW QUESTIONS WITH CORRECT ANSWERS LATEST UPDATE 2026/2027

TRAVEL CONSULTANT REVIEW QUESTIONS WITH CORRECT ANSWERS LATEST UPDATE 2026/2027 A typical advertising and marketing budget for your travel business might reflect about which percentage of your commissions? a. 1 to 2 percent b. 6 to 10 percent c. 3 to 5 percent d. 11 to 20 percent - Answers c. 3 to 5 percent Air consolidators do NOT sell to which of the following? a. Travel consultants b. Travel agencies c. The general public d. Both a. and b. - Answers c. The general public All of the following are "cross-sell" items to an airline ticket, EXCEPT: a. Standard hotel accommodations b. Rental car c. A larger, deluxe suite d. Attraction tickets - Answers c. A larger, deluxe suite An agency earns a "finder's fee" from suppliers, which typically reflects how much of the total purchase price of the travel product? a. 1 to 3 percent b. 5 to 10 percent c. 15 to 20 percent d. 25 to 50 percent - Answers b. 5 to 10 percent An upfront fee some travel consultants charge is also sometimes known as which of the following? a. Plan-to-go fee b. Work-for-hire fee c. Pay-to-go fee d. Pre-departure fee Feedback - Answers a. Plan-to-go fee As a travel consultant, which of the following roles do you serve regarding most of the travel products you sell? a. Direct supplier b. Middleman c. Co-seller d. Partner - Answers b. Middleman Eco-travel focuses first and foremost on which of the following? a. Supporting local communities b. The environment c. Learning d. Luxury vacation packages - Answers c. Learning Host agencies for travel consultancies typically offer which of the following commission structures? a. 80/20 split b. 50/50 split c. 70/30 split d. 60/40 split - Answers b. 50/50 split If you are buying an existing travel business, you will need money to purchase the business itself, plus which of the following? a. Equipment b. Supplies c. Additional inventory d. All of the above - Answers d. All of the above If you are working for a travel agency, which of the following may be true? a. Your office hours will vary b. There is a waiting period for travel benefits c. You get to pick and choose your clients d. Agencies usually offer a commission-only pay structure Feedback - Answers b. There is a waiting period for travel benefits In the cruise industry, which of the following is generally known as "Wave Season"? a. January to March b. April to June c. July to August d. September to November - Answers a. January to March In the travel industry, which term describes a number of travelers who share common goals, interests, or backgrounds? a. A congregation b. An extended family c. A target group d. An affinity group - Answers d. An affinity group Luxury travel clients are typically seeking which of the following in their travel experiences? a. Exceptional service b. The best price c. An unique experience d. Both a. and c. - Answers d. Both a. and c. On a spec sheet, which of the following is described as "total assets minus total liabilities and goodwill"? a. Market value b. Book value c. Liquidation value d. Earnings value - Answers b. Book value Regarding evaluating your travel market, you should ask to speak to which of the following when contacting businesses? a. The office manager b. The intern c. The travel planner