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TMCNet:  The North American Travel Intermediaries Market

[February 15, 2013]

The North American Travel Intermediaries Market

Feb 15, 2013 (M2 PRESSWIRE via COMTEX) -- Research and Markets (http://www.researchandmarkets.com/research/jxsl5g/the_north) has announced the addition of the "The North American Travel Intermediaries Market" report to their offering.

The North American travel intermediaries industry began to recover in 2010 after a major downturn in 2009, when industry revenue declined by 6.3% and traditional agencies lost sales to online channels. The economic recession and rise in unemployment forced people to restrict their spending on discretionary purchases such as travel, and as demand weakened, companies reduced margins and commissions to retain business and maintain cash flow.

Key Highlights - The North American travel intermediaries industry began to recover in 2010 after a major downturn in 2009, when industry revenue declined by 6.3% and traditional agencies lost sales to online channels. The economic recession and rise in unemployment forced people to restrict their spending on discretionary purchases such as travel, and as demand weakened, companies reduced margins and commissions to retain business and maintain cash flow.

- The travel intermediaries industry is expected to grow at a CAGR of 3.95% over the forecast period, driven by a recovery in the employment rate, increased tourism, economic stability and, most significantly, government support through various campaigns. Within the industry, online travel agencies are expected to lead the growth, with a forecast-period CAGR of 4.86%.

- According to the United Nations World Tourism Organization (UNWTO), the North America region accounted for the largest number of inbound tourist arrivals in the Americas in 2011. The region accounted for a 10.3% share of the world's international visitor arrivals, and 64.9% of total inbound tourists to the Americas, yet registered nominal growth during the review period, from 107.8 million in 2007 to 116.9 million in 2011.

- Over the past decade, growth in online channels and shift in customer behavior have transformed the travel intermediaries industry. The customer shift to online channels had a negative impact on traditional agent revenues, although in-store bookings still account for 72.2% of travel bookings in North America, with US$153 billion in travel sales in 2011.

- The US accounted for the highest share of inbound tourist with 28.5 million tourists in 2011, representing a share of 79.2%, followed by Canada and Mexico representing shares of 12.2% and 8.6% respectively. The US will continue to account for the highest share with a share of 81.5% of total inbound tourists to North America.

Key Topics Covered: 1 Introduction 2 Executive Summary 3 Travel Intermediaries SWOT 4 Domestic Tourism in North America 5 Inbound Tourism to North America 6 Outbound Tourism from North America 7 Travel Intermediaries in North America 8 Porter's Five Forces Analysis 9 Travel Intermediaries in the US 10 Travel Intermediaries in Canada 11 Travel Intermediaries in Mexico 12 Company Profiles - Expedia, Inc.

- Carlson Wagonlit Travel - Sunwing Travel Group Inc - Flight Network - Red Tag Vacations - Voyages Rabais - American Express Company (M xico), SA de CV - La Casa del Viaje, SA de CV - Anfitriones Nacionales - Viajes Felgueres SA de CV For more information visit http://www.researchandmarkets.com/research/jxsl5g/the_north CONTACT: Research and Markets, Laura Wood, Senior Manager.

press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Sector: Travel and Tourism (http://www.researchandmarkets.com/categories.asp cat_id=91&campaign_id=jxsl5g) ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

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