Service Fee In Travel
What is a Service Fee in Travel?
A Service Fee in Travel is an additional cost applied by travel providers, such as travel management companies (TMCs), airlines, and online travel agencies (OTAs), for booking, modifying, or canceling travel services. These fees are charged to compensate for the time, expertise, and resources required to manage travel arrangements.
Common service fees include ticket issuance fees, modification fees, cancellation fees, and concierge service charges. While some service fees are fixed, others may be percentage-based, depending on the transaction value. Companies managing corporate travel often negotiate lower service fees with travel providers to reduce overall expenses.
With the rise of AI-driven travel booking platforms, many service fees are being optimized or replaced with automated booking processes, improving efficiency while keeping costs low for travelers.