Travel Agencies & Services
Industry Description
The US travel service industry includes less than 20,000 companies with combined annual revenue of $40 billion. Large 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 50 percent of industry revenue.
SIC: 4119, 4481, 4482, 4489, 4724, 4725, 4729, 7032, 7033, 7999 | NAICS: 483112, 483114, 483212, 48711, 48721, 488999, 561510, 561520, 56159, 561591, 561599, 721211, 721214
Related Industries:
Gambling, Airlines, Winemakers, Museums, Zoos & Parks, Restaurants & Cafes, LodgingTop 5 Companies
| Company | Sales | Location |
| TUI Travel PLC | 22,068.51M | Crawley, West Sussex |
| JAPAN AIRLINES INTERNATIONAL CO., LTD. | 19,843.09M | Sydney, New South Wales |
| TUI AG | 19,118.15M | Hannover, Germany |
| UNITED AIR LINES, INC. | 17,304.00M | Singapore, Singapore |
| TRAVELMATE.COM.AU PTY LTD | 16,707.03M | Sydney, New South Wales |
Trends
Consolidation - The number of travel agencies has decreased in recent...
Industry Indicator
The average US retail price for diesel and regular gas, which determines airline prices and domestic auto travel, rose 14.2 percent and 7.5 percent respectively in the week ending July 12, 2010, compared to the same week in 2009.
Quarterly Industry Update
Hotels Targeting Leisure Travelers - More US hotels are offering programs to meet the needs of young leisure travelers, a large and fast-growing segment in the travel industry and a...