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 rose 4.73 percent* year-over-year in the first five months of 2014 compared to the same period last year, totalling $40.8 billion versus $39 billion in 2013.
Ticket transactions through May 2014 increased 1.89 percent over the same period in 2013 to 65.4 million. Year-to-date passenger segments increased 2.6 percent to 151 million compared to 147.2 million in 2013.
More detailed information is available at https://www.arccorp.com/news/stat/2014-05.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, Virginia.
*Ticket Sales
- Results based on monthly sales data ending May 31, 2014 from 13,405 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.