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 |
|---|---|---|
| travelXperts ag | 26,615.02M | Oberuzwil, Sankt Gallen |
| TUI AG | 23,767.96M | Hannover, Germany |
| TUI Travel PLC | 22,948.44M | Crawley, West Sussex |
| TEAM JETSTAR PTY LIMITED | 15,552.32M | Melbourne, Vic |
| Thomas Cook Group plc | 15,326.41M | Peterborough, United Kingdom |
There are 445,483 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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The average US retail price for diesel and regular gas, which determines airline prices and domestic auto travel, rose 13.1 percent and 9.3 percent respectively in the week ending January 16, 2012, compared to the same week in 2011.
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Travel Agents Optimistic for Industry Rebound - The outlook for the travel industry is improving, according to industry insiders and analysts. A survey by the American Society of Travel Agents (ASTA) showed...
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