Tourist Destinations

Bon Voyage: Travel Agency Industry Report Market Research in the United States now updated by IBISWorld

; overflow: hidden; color: # 999999; “> IBISWorld market research

Los Angeles, CA (PRWEB) 4 February 2012

Tour Operators industry struggled in 2009, when industry sales decreased by 11.3% since the recession decimated demand. According to IBISWorld industry analyst and author of report Nima Samadi, “The industry has a corner in recent years turned to a travel agency sales rose by 4.0% and 2.1% in 2010 and 2011, respectively. The industry expects A further increase of 3.8% in 2012 to $ 3.8 million. However, the overall performance of the industry in the five years to 2012 will not be positive, with sales declining by an average annual rate of 1 3%. “

and the difficult economic situation, including high unemployment and lower consumer spending, the industry has had to deal with falling domestic travel and international arrivals in the United States. In 2009, incoming decreased with 5.2% fewer people visiting the United States in 2008. Domestic travel also fell by 5.1% this year. With fewer people come and go, the income of pensioners tour operators. However, rates of domestic travel and entry between 2010 and 2011 have improved. In 2012, the domestic and inbound travel is expected to increase further by 3.3% and 5.4% respectively. Better have prices of domestic and international travel led to greater demand for travel agents.

tour operator industry is experiencing increased competition from direct consumer booking travel accommodations online. Many tourists, Samadi says, “I retort pouches and hiking trails: more travelers desire for self-discovery after their own interests, which requires that they travel at a leisurely pace Given this trend, the demand for specialized tours and special. interest is increasing, often at a premium. “

This industry has a low concentration. The four players will grasp at IBISWorld les than 38% of the available market share in 2012. The main stakeholders in the sector include Flight Center and the Mark Travel Corporation. In the five years to 2017, the high concentrations are put pressure on the industry participants. The competition from Internet-based transportation and accommodation facilities exacerbate this pressure. Industry operators are also expected to experience increasing demand from customers in connection with the services and prices. Industry consolidation is expected, therefore, that they continue to increase due to competitive pressures and other travel companies by larger players to expand their geographic reach, brand awareness, increase the supply of products (to be purchased, for example, access limited capacity of the objectives) and to reduce operating costs

For more information, visit the tour page on the U.S. IBISWorld Industry

IBISWorld: # https://twitter.com/ / IBISWorld
IBISWorld
friend on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

IBISWorld Industry Report Key Issues

companies in this industry plan, packaging, marketing and sale of several vacation elements, including agreements on air or ground transportation and accommodation. Packages are generally to the public through travel agencies and tour operator or wholesaler to be sold in this industry. Providers that offer mainly in the accommodation they are employed, as are owners or operators of hotels, resorts and cruise lines are not included in this industry.

industry performance

Executive Summary

most important external factors

current performance

Industry Outlook

Industry Life Cycle

products and markets

Supply Chain

Products and Services

major markets

Globalization and Trade

Locations

Competitive Landscape
The concentration of market share

success factors

cost structure benchmarks

entry barriers
Major Companies
Operating conditions

capital intensity

headlines

industry data
Annual change
Figures

About

IBISWorld Inc.

as the most reliable source for the independent nation of industry and market research is recognized, IBISWorld offers a comprehensive database of unique information and analysis on every U.S. industry. With an extensive online portfolio, which is valued for its depth and scope, the company supplies customers with the knowledge to make better decisions. Headquartered in Los Angeles, IBISWorld serves a variety of businesses, professional services and government organizations with more than 10 locations worldwide. For more information, please visit or call 1-800-330-3772 http://www.ibisworld.com.

# # #

© Copyright 1997 -
, Vocus PRW Holdings, LLC.
Vocus, PRWeb and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.