Reflecting on Travel Industry Forecast Mid-Year

Image:  (Photo Credit: Courtesy AdobeStock)
Image: (Photo Credit: Courtesy AdobeStock)

At the halfway point of 2025, the travel industry is facing a holding pattern. On the one hand, many advisors and suppliers are riding high on record demand, strong client pipelines and bucket-list trips that refuse to stay on the bucket list. On the other hand, economists are waving their hands like flight attendants in turbulence—warning of softening consumer confidence, uneven global markets and a potential slowdown.

Across the travel ecosystem, from air to sea and everywhere in between, the mood is one of cautious optimism tinged with uncertainty. The early-year momentum we saw from both leisure and corporate segments has been slowed by broader geopolitical tensions, ongoing regulatory shifts, and persistent challenges in commission collection.

The current moment calls for more than optimism; it calls for organization, clear-eyed judgment and unity.

In uncertain times, some show leadership and fortitude by playing the long game. There's always life after every crisis. Sadly, others choose a different, less collaborative path by adopting restrictive and fragmented inventory strategies or draconian commission policies. All the while, the traveler is juggling currency fluctuations, threatened border restrictions and inflation.

If the last decade taught us anything, assessing conditions and adjusting courses are the table stakes in our profession. ASTA nurtures agility in our members in a variety of ways.  

We’ve spent the last several months actively surveying members of all business shapes and sizes to understand the shifting pressures they face, from supplier policies to consumer expectations. We’re taking that feedback straight to supplier headquarters all across the United States and to lawmakers and policymakers here in Washington.  

We’re also doubling down on one of the most pressing issues in the industry today: ensuring fair and timely payment.

Too many of our members are chasing commissions that should’ve arrived weeks or months ago. Or, they’re discovering too late that the hard work they have done for their clients has been carved out as “non-commissionable.” That’s unacceptable. Travel advisors are professionals who deserve professional treatment. 

On the advocacy front, we’ve secured major wins at both the federal and state levels—blocking unfair taxes that would jeopardize advisor businesses and pushing back against regulations that defy logic.

We continue to invest in the professionalization of this industry, primarily through our Verified Travel Advisor (VTA) program. The VTA isn’t a marketing gimmick, and it’s not just another item for your business card. It’s a meaningful standard of excellence. And it’s catching on. More suppliers, consortia, and hosts are recognizing VTA certification as a sign of credibility, ethics, and a client-first commitment.

That momentum is part of a broader story: ASTA’s growth over the past decade has been nothing short of remarkable. Our sold-out events, from the River Cruise Expo to the Travel Advisor Conference, are proof that the advisor community is eager for educational development and specialized knowledge.   

As the second half of 2025 unfolds, know this: ASTA is doing more than just watching the weather. We’re charting the course forward and doing so on behalf of every advisor who believes this profession deserves a stronger, brighter future.

Let’s keep building it—together.


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Laurence Pinckney

Laurence Pinckney

CEO of Zenbiz Travel, LLC

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Agent At Home

Helping leisure selling travel agents successfully manage their at-home business.

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Agent Specialization: Group Travel

Laurence Pinckney

Laurence Pinckney

CEO of Zenbiz Travel, LLC

About Me