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Recovering travel agencies have a cash-flow problem: Travel Weekly


If busy equaled commissions directly, then we d be swimming in money, said Alex Sharpe, CEO of Signature Travel Network. They are really busy, and it s a challenge and an opportunity. They re busy because there s a lot of pent-up demand. People want to travel. But at the same time, I would say up until very recently, the last couple of weeks, a lot of what they re booking is [for] 2022 and beyond, particularly for cruise.
But Sharpe is optimistic that the shorter-term bookings agencies are doing now will carry them through to the end of the year. 
That will keep people going until we get to [payment for] the really incredible bookings we have for 2022 and beyond, he said. ....

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NEST Adds Independent Contractor Option Called NEST Plus


NEST Adds Independent Contractor Option Called NEST Plus
April 15, 2021
The Network of Entrepreneurs Selling Travel (NEST) today announced that it was adding a new option for independent contracts (ICs) called NEST Plus, built to serve a growing number of ICs who want to work in a fully-hosted environment.
NEST Plus is designed for those advisors who want “the financial choice for their business coupled with NEST’s rich mix of marketing, back-end technology, supplier partnerships and other services we offer,” NEST president Kathryn Mazza-Burney said in a statement announcing the news.
NEST, for its part, was started 17 years ago and has since grown as the advisor community has increasingly shifted to being home-based. Now, Mazza-Burney and the NEST team are expanding their offerings to “serve a growing segment of unbound travel advisors with our suite of personalized services,” she said. ....

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