This Market Intelligence Report focuses on the travel agencies marketplace in the United States from a supply chain sourcing perspective. Travel agencies report includes travel agencies providing services ranging from arrangement and booking of airline tickets, hotel accommodation, car rental to travel insurance and foreign exchange. The report highlights the business travel segment. Primarily a fragmented and mature industry, travel agencies has a well developed supplier base. The travel agencies category has medium product segmentation and serves primarily commercial and consumer markets. The primary demand drivers for travel agencies include economic growth, disposable income level, and cost of jet fuel, airline seat availability and technological developments. Key costs around the travel agencies category include cost of labor (payroll), wired telecommunications services and computer equipment. The major trends in this industry include consolidation and increased offering of online booking services, among others. The risk outlook for the travel agencies industry is deteriorating based on the macroeconomic environment. Category management best practices around the travel agencies industry include strategic sourcing practices and green initiatives.
Starting with detailed background information to provide category context, this report provides insight into the market drivers around demand and key costs, including both historical and forecasted commodity pricing. The supply base section covers the top suppliers, including high-level overviews and market news. The report presents the NAICS category cost structure and historical, current and future pricing curves. The trend section reports new and emerging industry directions. Regulatory considerations include developing governmental initiatives. Risk outlooks offer a view into upstream drivers that could adversely affect the industry and category. Insights and Best Practices share winning strategies around the management and sourcing of this category.