ARC Reports 2019 Travel Agencies Sales Running Nearly 3% Ahead of Last Year
ARLINGTON, Va.--(BUSINESS WIRE)--Nov 14, 2019--
Airlines Reporting Corp. (ARC) announced today that U.S.-based travel agency sales for the first ten months of 2019 are trending 2.82% ahead of the same period in 2018. * The consolidated dollar value of airline tickets sold so far in 2019 is $84.4 billion.
In October 2019, agency sales increased 1.5% compared to October 2018, totaling $8.3 billion vs. $8.1 billion. The average U.S. round-trip ticket price in October 2019 decreased to $506 from $509 compared to October 2018.
The total number of passenger trips settled by ARC for U.S. travel agencies in October 2019 increased by 1.5% to 25,396,350 from 25,023,487 compared to the same period last year. U.S. domestic trips increased 2% while international passenger trips grew 0.5%.
Electronic Miscellaneous Document (EMD)** sales in October 2019 totaled $6.7 million, an 11% increase compared to the same period in 2018. EMD transaction volume increased 18% in October 2019 compared to October 2018.
More detailed information is available on ARC’s website.
An industry leader in air travel distribution and intelligence, ARC provides channel-agnostic tools and insights to help the global travel community connect grow and thrive. ARC enables the diverse retailing strategies of its customers by providing flexible settlement solutions, innovative technology and access to the world’s most comprehensive air transaction dataset. In 2018, ARC settled $94.8 billion in transactions between airlines and travel agencies, representing more than 295 million passenger trips. For more information, please visit arccorp.com.
Notes for Editors:
**Electronic Miscellaneous Documents (EMD)
©2019 Airlines Reporting Corporation (ARC). All rights reserved.
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CONTACT: Peter Abzug
KEYWORD: DISTRICT OF COLUMBIA VIRGINIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: TECHNOLOGY RETAIL OTHER TRAVEL TRANSPORTATION TRAVEL CONSUMER OTHER TRANSPORT RAIL AIR TRANSPORT OTHER RETAIL VACATION OTHER CONSUMER DATA MANAGEMENT
SOURCE: Airlines Reporting Corp.
Copyright Business Wire 2019.
PUB: 11/14/2019 03:15 PM/DISC: 11/14/2019 03:15 PM