Global Travel Agency Services

Global Travel Agency Services

Demand for industry services has recovered since the recessionary declines it experienced in 2009. Most of recovery was due to increasing travel to and from emerging economies. Over the next five years, these economies are expected to continue being the focus of revenue growth. In addition, online services will replace storefront travel agencies, which will lower costs and boost profit for operators in the coming years.

This industry comprises businesses engaged in tour wholesaling (i.e. developing tour packages that include airline and accommodations to be sold through travel agents or online) or acting as retail travel agents to the general public and commercial clients. It includes online travel sales, tour information, booking and reservations, and payment systems used by chain and franchised travel and tour agents.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.