Nearly 14,000 travel agencies and 190 airlines use ARC's settlement services, which in 2012 totaled more than $84 billion.
ARLINGTON – 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 experienced an increase of 0.25 percent year-over-year in the first seven months of 2013 compared to the same period last year, totaling $53.3 billion vs. $53.1 billion in 2012 and $50.5 billion in 2011. Sales for July 2013 were up 6.86 percent at $7.1 billion compared to July 2012 at $6.7 billion and July 2011 at $6.5 billion.
Ticket transactions for the first seven months of 2013 decreased -0.96 percent to 87.5 million over the same period in 2012 at 88.4 million. Year-to-date passenger segments decreased -2.1 percent to 215.3 million compared to 219.9 million in the seven months of 2012 and 219.6 million in 2011.
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.