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Extras company cuts commissions
Non-performing agents have had their commission levels cut by Travel Trade Extras.
The company said it had made a “strategic decision” to revise commission levels from September 1.
Travel Trade Extras’ enhanced website is due for launch later this year and the company said it was continuing to develop its accommodation, car rental, insurance, airport parking and lounges product portfolio to maximise agents’ selling opportunities.
This includes a new insurance policy giving agents the flexibility to add their own margins and a car rental delivery and collection service, which is already available to the trade.
But managing director Ray Mulford said: “In an increasingly competitive environment where suppliers are escalating their rates it is impossible for us to sustain our current commission levels to agents who are not achieving projected sales.
“Having maintained levels for as long as possible, we have now renegotiated with key partners and are committed to restoring levels based on increased booking activity. The response has been very receptive and we are extremely confident that we will continue to strengthen our trade business.
“We will continue to support our partners with account management and promotional resource and budget and in some cases we will step up our investment to drive sales”.
Report by Phil Davies
Phil Davies
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