This page was generated automatically. To view the article at its original source, please click the link below:
https://www.prnewswire.com/news-releases/us-travel-agency-sales-total-99-2-billion-in-2024–302353391.html
and if you wish to have this article removed from our website, kindly reach out to us
2024 Total Establishes New High for ARC-Accredited Agency Sales
ARLINGTON, Va., Jan. 16, 2025 /PRNewswire/ — Today, Airlines Reporting Corp. (ARC) unveiled statistics indicating that air ticket sales from U.S.-based travel agencies in 2024 amounted to $99.2 billion. The sales in 2024 increased by 4% compared to 2023 and signify the highest yearly total noted by ARC.
During December, U.S. travel agencies experienced a spike in demand, with ticket sales reaching $6.7 billion, reflecting a 17% rise year-over-year. The total number of passenger trips went up by 13% compared to the previous year, spurred by gains in both domestic and international travel trips.*
NDC transactions constituted 20.3% of the total transactions reported and settled by ARC in December 2024 — up 10% from 18.4% in December 2023. A total of 799 travel agencies recorded NDC transactions in December 2024.
The findings for December 2024 illustrated:
ARC Ticketing Metric | Total | Month-Over- | Year-Over- |
Total Sales | $6.7 billion | -7 % | +17 % |
Total Passenger Trips | 19 million | -8 % | +13 % |
U.S. Domestic Trips | 11.4 million | -11 % | +13 % |
International Trips | 7.6 million | -2 % | +13 % |
Average Ticket Price | $561 | -3 % | +4 % |
“2024 was a significant year for air travel, featuring eight months of unprecedented agency sales and a robust conclusion in December,” stated Steve Solomon, chief commercial officer at ARC. “The growth in sales and passenger trips was facilitated by industry cooperation to cater to travelers and travel managers in their desired business environments. Airlines, agencies, and tech providers collectively worked hard to bolster modern airline retailing in 2024, as shown by the substantial increase of over 50% in total NDC transaction volume since 2023.”
Overall results for 2024 indicated:
ARC Ticketing Metric | Total | Year-Over-Year |
Total Sales | $99.2 billion | +4 % |
Total Passenger Trips | 284.9 million | +6 % |
U.S. Local Trips | 179.4 million | +7 % |
Foreign Trips | 105.5 million | +4 % |
Further detailed information can be found on ARC’s sales statistics page.
About ARC:
ARC’s analytics platform serves as the foundation of air travel data, linking the industry ecosystem and supporting commercial choices for airlines and partners. We oversee the world’s most extensive airline ticketing dataset, consisting of over 12 billion annual passenger flights operated by in excess of 480 airlines across more than 235 countries. ARC’s reliable reporting and settlement services process upwards of $95 billion in air sales by U.S.-based agencies each year. ARC spearheads industry collaboration among airlines, agencies, corporate clients, and other stakeholders to foster a prosperous air travel retail ecosystem. For more details, visit arccorp.com.
Contact:
Randy Spoon
[email protected]
Notes:
*Ticket Sales
© Airlines Reporting Corporation (ARC). All rights reserved.
SOURCE Airlines Reporting Corporation (ARC)
This page was generated automatically. To view the article in its original location, please follow the link below:
https://www.prnewswire.com/news-releases/us-travel-agency-sales-total-99-2-billion-in-2024–302353391.html
and if you wish to have this article removed from our site, please contact us
This page was generated automatically; to view the article at its source you can visit…
This page was generated automatically; to view the article in its initial location, you can…
This webpage was generated automatically; to view the article in its initial setting, you may…
This page was generated programmatically, to view the article in its original site you can…
This page was generated automatically. To view the article in its initial location, you may…
This page was generated automatically. To view the article in its original setting, you can…