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Travel Services: United States

Travel Services: United States

This report forecasts to 2023 US travel services revenue in nominal US dollars. Total revenues are segmented by service in terms of: commission; tours; trip planning; other travel services such as insurance, travel documents, and currency exchange; and other sources such as advertising and sales of goods. Commission revenues are further segmented by source as follows: event tickets; lodging; airline seats; cruises; and other commission such as fees from the booking of guided tours, miscellaneous forms of transport, and from allowing other companies to utilize the travel service provider's electronic reservation systems. Total revenue is also segmented by market as follows: leisure and business.

To illustrate historical trends, total revenue and the various segments are provided in annual series from 2008 to 2018.

For the purpose of this report, commissions refer to remittances made by other travel companies (e.g., airlines, hotels, tour operators), such as those made for the referral of customers. Fees paid directly to the travel service provider by the customer for arranging services (e.g., accommodations, entertainment, transport) are included in trip planning revenue. US travel service revenues include income from all domestic locations primarily engaged in providing travel services. The revenues of both employer and nonemployer firms are included.

Key macroeconomic indicators are also provided with quantified trends. Other various topics, including profiles of pertinent leading suppliers, are covered in this report. A full outline of report items by page is available in the Table of Contents.

Related NAICS Codes:
561510 Travel Agencies
561520 Tour Operators
561599 All Other Travel Arrangement and Reservation Services


HIGHLIGHTS
MARKET ENVIRONMENT
Historical Trends
Key Economic Indicators
SERVICE SEGMENTATION & FORECASTS
Commission
Tours
Trip Planning
Other Travel Services
Other Sources
MARKET SEGMENTATION & FORECASTS
Leisure
Business
INDUSTRY STRUCTURE
Industry Characteristics
Market Leaders
ABOUT THIS REPORT
Scope
Sources
Industry Codes
Freedonia Methodology
Resources
LIST OF TABLES & FIGURES
Figure 1 | Key Trends in US Travel Services Revenue, 2018 - 2023
Figure 2 | US Travel Services Revenue Trends, 2008 - 2018
Table 1 | Key Indicators for US Travel Services Revenue, 2008 - 2023 (US$ bil)
Figure 3 | US Travel Services Revenue by Service, 2008 - 2023 (US$ mil)
Table 2 | US Travel Services Revenue by Service, 2008 - 2023 (US$ mil)
Figure 4 | US Travel Services Commission Revenue by Source, 2008 - 2023 (US$ mil)
Table 3 | US Travel Services Commission Revenue by Source, 2008 - 2023 (US$ mil)
Figure 5 | Survey: Traveled More Than One Hour for a Live Performance in the Last Year (%)
Figure 6 | Survey: Live Performances Attended in the Last Year (%)
Figure 7 | Survey: Live Sports Attended in the Last Year (%)
Figure 8 | US Travel Services Commission Revenue by Source, 2008 - 2023 (%)
Figure 9 | Survey: Tours in the Past Year by Age Group
Figure 10 | US Travel Services Revenue by Service, 2008 - 2023 (%)
Figure 11 | US Travel Services Revenue by Market, 2008 - 2023 (US$ mil)
Table 4 | US Travel Services Revenue by Market, 2008 - 2023 (US$ mil)
Figure 12 | US Travel Services Revenue by Market, 2008 - 2023 (%)
Figure 13 | US Travel Services Industry Revenue Concentration Ratios, 2002 - 2012
Figure 14 | US Travel Services Firms, Establishments, & Employment, 2008 - 2018
Table 5 | US Travel Services Firms, Establishments, & Employment, 2008 - 2018
Table 6 | Leading Participants in the US Travel Services Market by Revenue Source
Table 7 | NAICS & SIC Codes Related to Travel Services

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