U.S. Travel Agencies See 3.66 Percent Upturn in Air Ticket Sales vs. Last Year Ticket Transactions Increase 1.76 Percent in First Two Months of 2014
ARLINGTON, Va., March 17, 2014 /PRNewswire/ -- ARC, the financial settlement link between airlines and travel sellers, reported today that the consolidated dollar value of airline tickets sold by U.S.-based travel agencies increased 3.66 percent* year-over-year in the first two months of 2014 compared to the same period last year, totalling $15.6 billion versus $15 billion in 2013.
January 2014 ticket transactions increased 1.76 percent over the same period in 2013 to 25.9 million. Year-to-date passenger segments increased 2.3 percent to 55.1 million compared to 53.9 million in 2013.
More detailed information is available at https://www.arccorp.com/news/sales-document-statistics.jsp.
ARC powers the U.S.-based travel industry with premier business solutions, travel agency accreditation services, process and financial management tools, and powerful data analytics. In 2013, ARC settled $86 billion worth of carrier ticket transactions for more than 9,400 travel agencies with 15,000 points of sale. By providing world-class business services and products, ARC enables participating agencies and 191 carriers to focus on what's important - increasing their revenue. Established in 1984, ARC is headquartered in Arlington, Va. For more information, please visit www.arccorp.com.
Notes for Editors:
- Results based on monthly sales data ending February 28, 2014 from 13,449 U.S. retail and corporate travel agent locations, satellite ticket printing offices and online travel agencies.
- Results do not include sales of tickets purchased directly from airlines.
- Total sales are equal to the total amount paid for a ticket, which includes taxes and fees.
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