Page 49 - StudyTravel Magazine September/October 2021 Issue
P. 49

MARKET ANALYSIS




             Key


                    2010              agents                                   5 5
                    2015              Internet
                                                                         in student numbers
                    2020              lOcal bOOKIngs                     between 2019 and 2020
                                                                         (four schools had no students in 2020)


            Change in recruitment methods in the USA (2010-2020)         Change in average
                                                                         commission rates
                                                                         (2010-2020)
                                                       11%    18%
                     62%                         9%           other




                                                    15%      21%
                     56%                     8%              other





                                        16%     15%          22%
                     41%                              6%    other          21%        23%        24%




            How has your business changed due to the                     Change in overall length
            Covid-19 pandemic?                                           of stay (2010-2020)

                                                                          18

                                                                          12
                                                                          6

                                                                          0
                                                                              10 weeks  11 weeks  15 weeks





                                      12%  We have closed branches permanently
                                      36%   We have received government help to pay staff
                                      48%  We have laid off teaching staff
                                      52%  We have laid off admin staff
                                      60%  We have taken part in online agent conferences
                                      72%  We have temporarily closed our school for face-to-face teaching
                                      84%  We have started offering online courses



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