US Travel Agencies Set Air Ticket Sales Record of $89.6 Billion in 2014
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 4.02 percent* year-over-year in 2014 compared to 2013, totaling $89.6 billion versus $86.2 billion the year before. December 2014 sales were up 3.9 percent at $5.5 billion compared to December 2013 at $5.3 billion.
Ticket transactions increased 2.39 percent in 2014 vs. 2013 to 146 million. Passenger segments also increased in 2014 by 2.68 percent to 377.7 million, compared to 363.9 million in 2013.
More detailed information is available at https://www.arccorp.com/news/sales-document-statistics.jsp.
About ARC:
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 2014, ARC settled $89.6 billion worth of carrier ticket transactions for more than 9,400 travel agencies with 13,000 points of sale. By providing world-class business services and products, ARC enables participating agencies and 200 carriers to focus on what's importantincreasing their revenue. Established in 1984, ARC is headquartered in Arlington, Virginia. For more information, please visit www.arccorp.com.
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