If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#191
|
|||
|
|||
|
#192
|
|||
|
|||
|
#193
|
|||
|
|||
|
#194
|
|||
|
|||
|
#195
|
|||
|
|||
|
#196
|
|||
|
|||
|
#197
|
|||
|
|||
I do not like this new policy one whit.
SUNNY.........Bah humbug |
#198
|
|||
|
|||
I do not like this new policy one whit.
SUNNY.........Bah humbug |
#199
|
|||
|
|||
I don't think the TA can rebate anything back to you later for
RCI/Celebrity. That's the problem. So here's what I see happening (using your numbers). Previous ... like you said, you make payment of 2250. Cruise line gets 2100. TA gets 150. Under new scenario, you make payment of 2400. Cruise line gets 2100 (just like before). TA gets 300, but cannot give you any back, or he's guilty of rebating. So you pay 2400, instead of 2250. --Tom "Georgeny" wrote in message news:y4qTc.1098$_w.393@trndny04... Tom, If I am correct it will matter not how you pay, it's the handling on the TA's side that has changed. Using simple numbers not necessarily correct Previous policy - cruise line price for cruise in example 1200 pp x 2 = 2400 Of that say 300 is TA commission TA rebates you 150 You make payment to TA of 2250 TA sends cruiseline 2100 deal complete. NEW policy: TA must send in to cruiseline 2400 Cruiseline ( after completion of cruise date I believe ) sends TA 300 commission check. So TA to rebate you the 150 must either FRONT that 150 from their own monies and then recover it from cruiseline later within the commission and accept only 2250 from you OR they would have to have you pay total 2400 and then rebate to you after they get their commission check therefore you are out the 150 until TA rebates ot to you later. So the main policy difference is that the cruise line is requiring total cruise cost monies including commissions be paid directly to them instead of just merely their amount. This does several things, create a cash flow situation on TA, and provide end of year tax accounting on commissions directly to IRS for TA. So the 300 commission will be reported by cruiseline to IRS even though TA only actually received 150. They would therefore have the 150 they never saw taxed or have to expense against the commissions reported. Additional paperwork in both tax and accounting areas and so forth. So it matters not how much or what way you pay, TA must pay entire amount then get it back later. Any TA's out there care to correct me? This is my understanding of the impact both to TA's and customers. Now what does it do for cruise line. First even if TA's continue to rebate they have a nice cashflow increase and have added a nice lag time for themselves holding either your money or the TA's money. Made a greater incentive for online booking directly with them and giving them better control over pricing. Started the path to eliminating TA distribution as a main distribution system again giving them far more direct control of pricing and cost. George in NY "Tom & Linda" wrote in message . net... Perhaps in the future, TA's will be asking for more final payments to be done by personal check. Or even cash. And perhaps when you choose to use a credit card, agencies will make the charge against your credit card to themselves and later do electronic transfer of the final payment funds to the cruise line. Plus... this has the added protection of NOT providing your credit card info to the cruise lines. By keeping payments internally within the agencies, they'll most likely be able to track payments MUCH MORE CAREFULLY, to ensure that no rebating occurs behind the scenes. Which will, of course, be their first priority when dealing with RCI/Celebrity. --Tom |
#200
|
|||
|
|||
I don't think the TA can rebate anything back to you later for
RCI/Celebrity. That's the problem. So here's what I see happening (using your numbers). Previous ... like you said, you make payment of 2250. Cruise line gets 2100. TA gets 150. Under new scenario, you make payment of 2400. Cruise line gets 2100 (just like before). TA gets 300, but cannot give you any back, or he's guilty of rebating. So you pay 2400, instead of 2250. --Tom "Georgeny" wrote in message news:y4qTc.1098$_w.393@trndny04... Tom, If I am correct it will matter not how you pay, it's the handling on the TA's side that has changed. Using simple numbers not necessarily correct Previous policy - cruise line price for cruise in example 1200 pp x 2 = 2400 Of that say 300 is TA commission TA rebates you 150 You make payment to TA of 2250 TA sends cruiseline 2100 deal complete. NEW policy: TA must send in to cruiseline 2400 Cruiseline ( after completion of cruise date I believe ) sends TA 300 commission check. So TA to rebate you the 150 must either FRONT that 150 from their own monies and then recover it from cruiseline later within the commission and accept only 2250 from you OR they would have to have you pay total 2400 and then rebate to you after they get their commission check therefore you are out the 150 until TA rebates ot to you later. So the main policy difference is that the cruise line is requiring total cruise cost monies including commissions be paid directly to them instead of just merely their amount. This does several things, create a cash flow situation on TA, and provide end of year tax accounting on commissions directly to IRS for TA. So the 300 commission will be reported by cruiseline to IRS even though TA only actually received 150. They would therefore have the 150 they never saw taxed or have to expense against the commissions reported. Additional paperwork in both tax and accounting areas and so forth. So it matters not how much or what way you pay, TA must pay entire amount then get it back later. Any TA's out there care to correct me? This is my understanding of the impact both to TA's and customers. Now what does it do for cruise line. First even if TA's continue to rebate they have a nice cashflow increase and have added a nice lag time for themselves holding either your money or the TA's money. Made a greater incentive for online booking directly with them and giving them better control over pricing. Started the path to eliminating TA distribution as a main distribution system again giving them far more direct control of pricing and cost. George in NY "Tom & Linda" wrote in message . net... Perhaps in the future, TA's will be asking for more final payments to be done by personal check. Or even cash. And perhaps when you choose to use a credit card, agencies will make the charge against your credit card to themselves and later do electronic transfer of the final payment funds to the cruise line. Plus... this has the added protection of NOT providing your credit card info to the cruise lines. By keeping payments internally within the agencies, they'll most likely be able to track payments MUCH MORE CAREFULLY, to ensure that no rebating occurs behind the scenes. Which will, of course, be their first priority when dealing with RCI/Celebrity. --Tom |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Cruise Review, or "Best of the Best": Radisson Seven Seas' Navigator | Benjamin Smith | Cruises | 0 | June 19th, 2004 12:00 AM |
Baltic Cruise August 26 2004 | Brahmama | Cruises | 0 | April 26th, 2004 03:46 PM |
Travelers find unique itineraries | Anchors Away Cruise Center | Cruises | 0 | March 31st, 2004 05:44 PM |
SCR Group Cruise Promotions - 09/27/2003 | Steve Hennessey | Cruises | 0 | September 27th, 2003 07:00 PM |