LETTER FROM THE EDITOR ..................................................................... 3 KEY FINDINGS ................................................................................ 4 INTRODUCTION................................................................................ 6 METHODOLOGY ............................................................................... 7 ADVISOR DEMOGRAPHICS 1: Advisors by Type ............................................................................ 10 2: Business Classification by Location .............................................................. 11 3: Travel Sales Experience ....................................................................... 12 4: Advisor Age ................................................................................ 13 5: Years in Business, Advisors’ Age ................................................................ 14 6: Agency Annual Gross Sales .................................................................... 15 7: Annual Gross Sales by Years in Business ......................................................... 16 AFFILIATIONS MATTER 8: Agency Affiliation by Type ..................................................................... 17 9: Trade Association Affiliation, U.S. Agencies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 10: Trade Association Affiliation, U.S. Agencies....................................................... 21 ALL ABOUT THE FAMILY 11: Sell Multi-Generation Vacations? .............................................................. 22 12: Drivers for Selling Multi-Generation Vacations .................................................... 23 13: Travel Products Sold to Multi-Generation Clients .................................................. 26 14: Share of Multi-Generation Vacations, Share of Cruise .............................................. 27 15: Destinations Sold ........................................................................... 28 CLIENT DIFFERENTIATION 16: Primary Motivators for Multi-Generation Vacations ................................................ 29 17: Travel Party Size ........................................................................... 30 18: Prime Factors While Booking Multi-Gen Cruise Vacations............................................ 31 19: Important Factors in Selecting a Cruise Line ...................................................... 32 20: Multi-Gen Vacation Booking Payments .......................................................... 33 BOOKING ANALYSIS 21: Top Cruise Lines Booked by Agencies ........................................................... 34 22: Importance of Loyalty Programs in Cruise Bookings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 23: Challenges in Selling Multi-Generation Vacations .................................................. 36 24: Supplier Support ........................................................................... 37 PREFERRED TRAINING OPTIONS 25: Advisor Training, Preference by Format .......................................................... 38 26: Preferred Training Programs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 Conclusion .................................................................................. 42 TABLE OF CONTENTS