Travel Agencies & Services
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
NAICS: 561591, 561520, 561510, 561599
Related Industries:
Wineries, Gambling, Hotels, Motels & Resorts, Restaurants, Airlines, Cruise Ships , Museums, Zoos & ParksTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| Carlson Wagonlit Travel | 28,000.00M | Paris, France |
| travelXperts ag | 26,615.02M | Oberuzwil, Sg |
| TUI AG | 23,767.96M | Hannover, Germany |
| TUI Travel PLC | 22,948.44M | Crawley, West Sussex |
| Thomas Cook Group plc | 15,326.41M | Peterborough, United Kingdom |
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 2.4 percent and 5.3 percent respectively in the week ending May 14, 2012, compared to the same week in 2011.
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...


