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Hoover's Directories > Industry Overviews > Travel Agencies & Services

Travel Agencies & Services

  • Overview
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Industry Description

The US travel services industry includes about 17,000 companies with combined annual revenue of about $35 billion. Major companies include Carlson Wagonlit Travel, Expedia, Sabre Holdings (which owns Travelocity), and the travel agency operations of American Express. The industry is concentrated: the 50 largest companies account for about 60 percent of revenue.

SIC: 4724, 4725, 4729, 7389
NAICS: 561591, 561520, 561510, 561599
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Top 5 Companies

CompanySalesLocation
Carlson Wagonlit Travel28,000.00MParis, France
travelXperts ag26,615.02MOberuzwil, Sg
TUI AG 23,767.96MHannover, Germany
TUI Travel PLC22,948.44MCrawley, West Sussex
Thomas Cook Group plc15,326.41MPeterborough, United Kingdom
Bullet - Yellow Arrow Box There are 436,561 companies in this industry. To view all of them, register now.

Industry Indicator

The average US retail price for diesel and regular gas, which determines airline prices and domestic auto travel, rose 2.4 percent and 5.3 percent respectively in the week ending May 14, 2012, compared to the same week in 2011.
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Quarterly Industry Update

Use of Customer Reviews Increases - Reflecting the importance of customer reviews in consumers' buying decisions, 13 of 15 leading travel websites offer customer-generated rankings for various aspects of the customer's...
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