NEST Adds $116 Million in Sales This Year Through Massive Affiliate Growth
First and Only Home-Based Agency Network Has Accepted 55 New Agencies in 2024
OYSTER BAY, NY (October 3, 2024): In its 20th anniversary year, the Network of Entrepreneurs Selling Travel has experienced enormous growth, reflecting the trend towards home-based agencies, the expansion of the travel market and travelers’ increasing preference for working with a professional consultant.
NEST has grown to 516 agencies, with 55 added this year. That represents a 12 percent expansion in the number of agencies over last year. Those new agencies brought with them $116 million in preferred partner sales.
The overall growth of the travel industry is helping fuel NEST’s expansion. According to Statista, travel is a $2 trillion industry that continues to expand. Discovering new places, cultures and experiences is now a priority for consumers. MMGY reports more than three-quarters of Americans plan to take a trip in the next year – up six percent from last year.
At the same time, consumer demand for the services of a travel advisor is on the rise. The market size for travel agency services is valued at $455 billion by Future Market Insights, which predicts it will grow at 10.9 percent annually to hit $1.28 trillion by 2033.
“For 20 years, we’ve built a thriving community of home-based travel entrepreneurs that has become more successful with our support,” said NEST Senior Vice President Wayne Spector. “Word has gotten out about the NEST difference for agencies and the result is this incredible growth. Nothing is more satisfying to us than seeing one of our new arrivals soar once they discover the benefits we offer that you can’t find anywhere else.”
Part of NEST’s appeal is its focus on independent home-based agencies. It is the travel industry’s first and only travel marketing group in the U.S. committed solely to home-based agencies. As more agencies leave offices behind and build successful businesses from their homes, they are searching for a community of like-minded entrepreneurs.
NEST offers its affiliated agencies exclusive programs, resources and tools to help them grow their sales in a competitive market. Chief among those are Business Analysts, who work hand in hand with agencies to identify opportunities for more effective marketing, operational efficiencies and increased revenue. This dedicated team of strategists designs personalized plans to address specific agency needs and objectives and offers customized coaching to fuel success.
As well, the network provides agencies with higher commissions, as advisors retain 100 percent of what they earn; profit-sharing opportunities; relationships with top preferred suppliers; lead-generation campaigns; professional development; exclusive events; support from peers and sharing of best practices; and proprietary technology.
While NEST is growing rapidly, it adheres to standards that maintain the professionalism of the network. To qualify for an invitation, an agency must be home-based and independently owned and operated. As well, it must meet a set level of preferred supplier sales.
For more on NEST, please visit www.jointhenest.com.
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About NEST
The Network of Entrepreneurs Selling Travel is the industry’s first and only marketing group exclusively for independent home-based travel agencies. The company empowers home-based advisors to achieve greater success financially, professionally and personally by championing best practices, solutions and opportunities. NEST helps home-based travel entrepreneurs build their business, keep their identity and maintain control. The network delivers what home-based advisors need to increase their competitive edge and profitability, including a high level of personalized support, award-winning marketing, preferred partner portfolio, education, exclusive networking and events, and innovative technology. NEST also helps suppliers reach the rapidly growing home-based distribution channel with training, motivation, offers and compensation. For more information, visit www.jointhenest.com.
The NEST Advantage
NEST Products and Services
You can rely on our technology to customize marketing programs and solutions tailored to your needs.
Our technology ensures you are covered in all areas to seamlessly reach your clientele and offers the best, most competitive pricing.
We've spent more than four decades building solid relationships with the top suppliers. Our partnerships allow us the ability to negotiate competitive pricing that is passed on to our agents.