Sales of U.S. Travel Agency Air Tickets Surge Up to 54% YoY

Trends of Pre-Pandemic Seasonality Returns in this year by US Travels
 
IRVINE, Calif. - April 11, 2023 - PRLog -- What the ARC Data Reveals?

In February 2023, ARC processed 22.3 million passenger trips, with a 13% YoY growth, driven by a 29% increase in international trips and a 4% increase in domestic trips. The average price of a round-trip air ticket in the U.S. was $571, up 23% from last year and 8% from January's average of $528.

Detailed Report till date February 2023:
  • Overall sales remained stagnant.
  • Total passenger trips declined by 7%.
  • Domestic trips within the U.S. experienced a notable 9% decrease.
  • International trips also saw a decline of 3%.

Chief Commercial Officer at ARC mentioned "Despite flat sales and decreases in passenger trips month over month, overall demand remains stronger than what we saw last year with international travel showing continued strength." He further added "February followed pre-pandemic seasonality trends, which could indicate further industry normalization as airlines prepare for the busy spring and summer travel months."

Ancillary sales soared by a remarkable 134% YoY, summing upto $21,777,658, with additional transactions increasing by 84% to reach 325,093 during the same period.

What is ARC?

ARC drives global air travel growth with advanced travel data, flexible distribution services, and industry-leading solutions. As a prominent travel intelligence company, we possess the world's most extensive airline ticket dataset, covering 15 billion passenger flights from 490 airlines and 230 countries. Our innovative solutions facilitate connections among travel ecosystem stakeholders, fostering economic growth and enhancing quality of life.

Notes:

Ticket Sales*
  • Findings are derived from February 2023 sales data from 10,485 U.S. travel agencies, excluding direct airline ticket sales.
  • The average ticket price (USD) reflects round-trip tickets settled through ARC for U.S. domestic travel only.
  • Passenger trips encompass total passengers traveling between airports via direct or connecting flights, accounting for newly issued and refunded trips for a net view.
  • U.S. domestic passenger trips count travel within the U.S. settled through ARC. International passenger trips include travel outside the U.S. settled through ARC.
  • Total sales equal the total price paid for a ticket, including taxes and fees.

**Additional sales

Fees for items and services such as upgraded seats, checked luggage, an unaccompanied minor, pet-in-cabin and so on are included.

Conclusion

Air ticket sales are surging post-pandemic, indicating renewed travel enthusiasm. If you want to plan a trip to your dream destination with the family this summer at highly-affordable rates then contact Infinity Travels at 1-760-999-7119 for assistance with your travel plans.

Visit for more info -  https://theinfinitytravel.com/
OR

tel: 1-760-999-7119 (https://www.prlog.org/pub/1-760-999-7119)

Contact
Infinity Travels
support@theinfinitytravel.com (https://www.prlog.org/pub/support@theinfinitytravel.com)
1-760-999-7119 (https://www.prlog.org/pub/1-760-999-7119)

Contact
Infinity Travels
***@infinitytravels.us
End
Source: » Follow
Email:***@infinitytravels.us Email Verified
Tags:Book Cheap Flights
Industry:Travel
Location:Irvine - California - United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse



Like PRLog?
9K2K1K
Click to Share