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

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
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Top 5 Companies

CompanySalesLocation
TUI Travel PLC22,068.51MCrawley, West Sussex
JAPAN AIRLINES INTERNATIONAL CO., LTD.19,843.09MSydney, New South Wales
TUI AG19,118.15MHannover, Germany
UNITED AIR LINES, INC.17,304.00MSingapore, Singapore
TRAVELMATE.COM.AU PTY LTD16,707.03MSydney, New South Wales
Bullet - Yellow Arrow Box There are 292,880 companies in this industry. To view all of them, register now.

Trends

Consolidation  - The number of travel agencies has decreased in recent...
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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.
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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...
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