Ticket transactions in the US fell slightly January – September 2012 vs. 2011, according to ARC.
ARLINGTON, VA. – 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 3.77 percent* year-over-year in the first three quarters of 2012 compared to the same period in 2011, and 10.4 percent over the same period in 2010. From January through September 2012, ticket sales totalled $66.6 billion, compared to $64.2 billion in 2011, and $60.3 billion in 2010.
Year-to-date passenger segments for the first nine months of 2012 decreased by .02 percent – at 283.2 million segments, compared to 283.3 million in 2011 – while reflecting a .02 percent decrease from the same period in 2010. Ticket transactions between January and September 2012 also decreased somewhat by 0.40 percent over the same period in 2011, while down by 2.3 percent compared to the same period in 2010.
ARC powers the U.S.-based travel network with premier business solutions, travel agency accreditation services, process and financial management tools, and powerful data and analytics. Nearly 16,000 travel agencies and 190 airlines use ARC’s settlement services, which in 2011 totaled more than $82 billion. As the industry’s gold standard of accreditation, ARC allows participating agencies and carriers to focus on what’s important – increasing their revenue. Established in 1984, ARC is headquartered in Arlington, Va.
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.
She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
