The average salary for new travel jobs dipped by 1.75% in August to reach £24,203.
The year-on-year fall was 2.36%, according to the latest Travel Salary Index from C&M Travel Recruitment and Chisholm & Moore Executive Recruitment, which surveyed all new travel jobs registered at the companies in the four weeks.
The drop follows a 2.64% decrease in July, meaning that average salaries have fallen by more than £1,000 in the past two months.
Salaries for standard travel roles of up to £40,000 also fell in August and July – by 3.13% and 3.28% respectively – leading to the decrease in the overall figure.
The standard salary in travel stood at £19,031, down by more than 5% on the same month last year.
Travel vacancies also slipped in August – traditionally one of the slowest months of the year for the sector.
But last month was even quieter than normal, the study showed, with the number of new vacancies falling to its lowest level this year.
Company sales director Barbara Kolosinska said: “August’s fall in salaries is disappointing and comes as a result of a decrease in pay for both new standard travel jobs and executive roles.
“However, salaries have simply fallen back to the levels we saw earlier this year and remain above April’s total.
“For experienced candidates, the travel jobs market remains full of opportunities with the overall lack of quality applicants meaning that some companies are now willing to negotiate on their initial salary offers to secure the right employee.”
She added: “The combination of summer holidays and the late Bank Holiday weekend means that August is always one of our quietest months of the year, but last month was particularly slow.
“The number of new travel job vacancies and candidates both fell sharply compared to the previous month, however September appears to be much stronger signalling the start of the busier autumn season.”