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A recent study by Virtuoso found that advisors who use one of its three itinerary management partners – Axus, Travefy, and Umapped – grew partner revenue by 29%.
By comparison, their counterparts who choose not to utilize these tools only realized an 8% increase, underscoring the value of technology in improving advisor efficiency and profitability.
Itinerary management tools automate the process of creating a client’s trip, pulling information from preferred partners into an organized, polished schedule.
Advisors can also showcase their expertise and knowledge by manually entering details to customize the client’s travel experience.
David Kolner, senior vice-president, Global Member Partnerships at Virtuoso, said, “Itinerary management tools are the secret sauce for in-the-know Virtuoso advisors, who are saving time, improving client service and most importantly growing their sales significantly.”
Kolner pointed out, “The results of this study prove that advisors who aren’t using these solutions are passing up a golden opportunity we’re providing to them. And for agencies who are thinking of joining Virtuoso, these statistics provide a very compelling reason to affiliate now.”
Virtuoso has seen notable growth in advisor adoption of itinerary management tools, with usage increasing 49% in the past year. Because Virtuoso offers three different tools, advisors are able to select the one that works best for their needs and preferences.
Member agencies enjoy above-and-beyond advantages through the network’s preferred relationships with the tools, which include Virtuoso-only features like integrated content and promotions for exclusive hotel and cruise experiences, as well as special pricing.
For more, go to www.virtuoso.com
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