SUPPLIER SUPPORT TO ENABLE HIGHER RIVER CRUISE SALES Some demands that the advisors made from the supplier were better call center operations, including operation hours that matched their own time zones. Ease of navigation on the booking site and more information on the travel policies have also been a recurring demand. Commission on NCFs were sporadic and optional until a couple of years ago. However, major ocean cruise lines such as Virgin Voyages, Viking and Norwegian have done away with most NCFs 15 . Payment on NCFs is now one of the major demands of the advisor community. Some advisors also pointed out that sales representatives are proactive with the larger agencies that are already doing well. With newer and younger advisors joining the industry, more support to independent contractors might be beneficial to the suppliers, especially as the younger advisors are also bringing in a new client demographic. CHART 18 | 35 Fam trip or personal cruise experience Training programs Commission on non-commissionable fees (NCF) Improved booking tools Better supplier pricing Higher commissions/ more profitable Stronger BDM support Clear communication on all policies Effective co-operative marketing promotions Improved call center operations Expedited payment of commissions Post/ video/ reels/ influencers on various social media Dedicated articles and stories in media More efficient group policies and procedures Better performance-linked bonus structure Faster payment reconciliation Shorter lead time to access inventory 78% 44% 37% 35% 34% 31% 28% 27% 27% 26% 20% 18% 16% 14% 12% 11% 10% TRENDS IN THE RIVER CRUISE SEGMENT 15 https://www.travelmarketreport.com/News/articles/Norwegian-Cruise-Line-Will-Soon-Pay-Commission-on-Most-NCFs
36 | CHART 19 ADVISOR PROFILE For the first time since 2021, there has been an improvement, though marginal, in the retail travel agency category (with or without a storefront) — it was 39% last year and is now at 41%. The jury is still out on whether this signals a turn in tide for the retail agency or is an anomaly. BUSINESS CLASSIFICATION, SHARE (%) 3% 22% 19% 56% Retail travel agency with a storefront location Retail travel agency, non-storefront location Independent contractor working with a host agency IC/advisor working on your own