Average Numbr of Clients for Travel Agent Per Year
2022 U.S. Industry Statistics & Market Research - Travel Agencies
Market Size & Industry Statistics
The full U.Due south. industry market place size for Travel Agencies: Industry statistics cover all companies in the U.s.a., both public and individual, ranging in size from pocket-size businesses to market leaders. In addition to revenue, the industry market analysis shows data on employees, companies, and average firm size.
Investors, banks, and business concern executives use growth rates and industry trends to sympathise the marketplace outlook and opportunity.
Charts and graphs can be copied to Microsoft Give-and-take and Powerpoint presentations.
| Statistics | 2016 2017 2018 2019 2020 2021 | |
|---|---|---|
| Market Size (Total Sales/Acquirement) | Order at peak of page | |
| Total Firms | ||
| Total Employees | ||
| Boilerplate Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Boilerplate Revenue Per Employee | ||
Statistics Source: U.Southward. Census, AnythingResearch Analysis of Federal Information
Market Forecast
Market forecasts prove the long term industry outlook and future growth trends. The post-obit extended 5-year / half dozen-year demand forecast projects both brusque-term and long-term trends.
| Forecast / Industry Outlook | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|
| Market Forecast ($ millions) | ||||||
| Projected Industry Growth Rate (%) | ||||||
Source: AnythingResearch Economic Analysis
Product & Services Breakdown
Research products and services in the Travel Agencies industry generating sales. Note that products are cleaved into categories with different levels of classification.
| Product Description | Number of Companies | Sales ($ millions) | Percent of Full Sales |
|---|---|---|---|
| Industry Total | |||
| Trip Planning Services | |||
| Arranging, Assembling, And Marketing Pre-Packaged Tours | |||
| Arranging, Assembling, And Marketing Pre-Packaged Tours - International Travel | |||
| Arranging, Assembling, And Marketing Pre-Packaged Tours - Domestic Travel | |||
| Assembling, Organizing, And Reserving Customized Group Tour Packages | |||
| Travel Insurance Services | |||
| Other Travel Related Services | |||
| Commissions And Fees For Reservation And Travel Services | |||
| Airline Seats - International Travel | |||
| Airline Seats - Domestic Travel | |||
| Track Seats | |||
| Vehicle Rental | |||
| Cruises - More Than One Twenty-four hour period | |||
| Lodging - Domestic | |||
| Lodging - International | |||
| Packaged Tours - Domestic | |||
| Packaged Tours - International | |||
| Computerized Reservation Organisation Services | |||
| Other Reservation Services | |||
| All Other Receipts | |||
| All Other Operating Receipts | |||
U.S. Geographic Distribution: Acquirement Statistics by State
Market Size by Country ($ millions) indicates how the industry'southward competition is distributed throughout the land. Country-level information tin can identify areas with higher and lower industry marketplace share than average.
Travel Agencies Industry Price Trends
Rise and fall in market prices are affectedd by supply, demand, and the cost of appurtenances/services sold. Higher demand or COGS volition put up price pressure on prices. College competition among Travel Agencies companies will put a downward pressure on prices. The nautical chart shows how prices are changing inside the industry, month-to-month over the concluding iii years.
Income Argument (Average Fiscal Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Fundamental business metrics prove revenue and operating costs. The data nerveless covers both public and individual companies.
| Industry Average | Percent of Sales (Manufacture Benchmark) | |
|---|---|---|
| Total Acquirement | Club at acme of page | |
| Operating Acquirement | ||
| Cost of Appurtenances Sold | ||
| Gross Profit | ||
| Operating Expenses | ||
| Pension, turn a profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business organisation property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advert | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Full Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Involvement Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Source: AnythingResearch Analysis of U.S. federal statistics
Fiscal Ratio Assay
Financial ratio information can be used to benchmark how a Travel Agencies visitor compares to its peers. Accounting statistics are calculated from the industry-boilerplate for income statements and balance sheets.
| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation tin can exist measured based on the firm's own operation, as well as in comparison against its manufacture competitors. These metrics evidence how the boilerplate company in the Travel Agencies industry is performing. | |
| Turn a profit Margin Gross Profit Margin, Operating Turn a profit Margin, and Net Profit Margin. Show company earnings relative to revenues. | |
| Render on Equity (ROE) Return on Equity (ROE) is net income every bit a pct of shareholders' equity. Shareholders' Disinterestedness is divers as the visitor's full assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). | |
| Return on Avails (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Travel Agencies measures how efficiently the visitor leverages its assets to generate turn a profit. ROA is calculated as Net Income divided by Total Avails. | |
| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Electric current Ratio Measures a firm's ability to pay its debts over the side by side 12 months. | |
| Quick Ratio (Acid Examination) Calculates liquid assets relative to liabilities, excluding inventories. | |
| Efficiency Ratios - Key Operation Indicators | Industry Boilerplate |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is depression in your business organisation when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you lot are not doing a skilful enough job on collections. | |
| Average Drove Menstruum Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided past the Receivables Turnover | |
| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing try. | |
| Fixed-Nugget Turnover Generally, higher is meliorate, since it indicates the business has less money tied upward in fixed avails for each dollar of sales acquirement. | |
Bounty & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national bacon averages. This data can be used to identify which positions are most mutual, and loftier, low, and average annual wages.
| Title | Pct of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Direction Occupations | 7% | Order at peak of page | ||
| Primary Executives | 0% | |||
| General and Operations Managers | 3% | |||
| Business organization and Fiscal Operations Occupations | 7% | |||
| Business Operations Specialists | v% | |||
| Sales and Related Occupations | 39% | |||
| Sales Representatives, Services | 34% | |||
| Travel Agents | 28% | |||
| Travel Agents | 28% | |||
| Part and Administrative Support Occupations | 34% | |||
| Information and Record Clerks | 23% | |||
| Client Service Representatives | 8% | |||
| Client Service Representatives | 8% | |||
| Reservation and Transportation Ticket Agents and Travel Clerks | 13% | |||
| Reservation and Transportation Ticket Agents and Travel Clerks | xiii% | |||
Source: Bureau of Labor Statistics
The most influential companies in the Travel Agencies industry and adjacent industries either have big market share or are developing new business models and methods that could disrupt the condition quo. We look at leading and emerging companies in the Travel Agencies industry and adjacent sectors:
| Market Leaders: Direct Competitors Companies with the largest market share, focused in this manufacture | Market leaders: Diversified Competitors Largest companies that accept diversified operations in this and other industries |
| Innovators: Straight Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. | Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Travel Agencies industry. |
Source:
Government Contracts
In 2020, the federal authorities spent a total of $75,480,469 on Travel Agencies. Information technology has awarded 458 contracts to 66 companies, with an average value of $1,143,643 per visitor.
| Most Recent Contracts | Date | Total Award Amount |
|---|
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