If you love to travel and enjoy planning vacations, then a career as a vacation planner might be the perfect fit for you. Not only will you get to travel to different destinations, but you can also earn a good income doing what you love.
But how much do vacation planners make exactly? Let’s dive into the details.
What is a Vacation Planner?
Before we discuss the earning potential of a vacation planner, let’s first understand what this job entails. A vacation planner is responsible for creating customized travel itineraries for clients based on their preferences and budget. This includes everything from booking flights and accommodation to arranging activities and transportation.
Earnings Potential
According to data from the Bureau of Labor Statistics (BLS), the median annual salary for travel agents (which includes vacation planners) was $40,660 as of May 2019. However, it’s important to note that this figure can vary depending on several factors such as experience level, location, and type of employer.
Experience Level
As with most jobs, experience plays a significant role in determining how much a vacation planner can earn. Entry-level planners typically start at around $20,000 per year and can work their way up to six-figure salaries with enough experience.
Location
Where you work can also impact your earnings potential as a vacation planner. Planners working in major cities or tourist destinations tend to earn more than those in smaller towns or rural areas.
Type of Employer
The type of employer you work for can also affect your income. Vacation planners who are self-employed or work for small agencies may earn less than those who work for large travel companies or corporations.
- Self-Employed: Self-employed vacation planners have more control over their income but may face more business expenses, such as marketing and office supplies.
- Small Agencies: Vacation planners who work for small agencies or boutique firms may have more flexibility in their work schedules but may earn less than those working for larger companies.
- Large Companies: Vacation planners working for large travel companies or corporations may have access to more resources and benefits, which can lead to higher salaries.
Becoming a Vacation Planner
If you’re interested in becoming a vacation planner, there are several steps you can take to get started. This includes obtaining a degree in hospitality management or a related field, gaining experience in the travel industry through internships or entry-level positions, and networking with other professionals in the field.
Conclusion
In conclusion, the earning potential of a vacation planner can vary depending on several factors such as experience level, location, and type of employer. While the median annual salary for travel agents is $40,660 according to BLS data, vacation planners with enough experience can earn six-figure salaries. If you love to travel and enjoy planning vacations, then this could be the career path for you.