The Tourism employment in Travel Intermediation segment in United States of America, registered a value of USD 32,597.31 Million in 2020
The indicator recorded a historical decline (CAGR) of 0.13% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the indicator to grow ...
Tourism employment in the Travel Intermediation segment in United States of America experienced a massive growth between 2017-2019 but then a decline in 2020.
Travel intermediation for this report is defined as a total direct expenditure (online and in-store) via travel intermediaries by inbound, domestic, and outbound tourists within a single economy.
Consequences of COVID-19 pandemic in the travel intermediation segment in the USA
The US travel intermediaries market declined strongly in 2020 as a result of the COVID-19 pandemic. The US market saw a sharp decline in 2020 due to the reduction in travel across the world due to country lockdowns and travel restrictions.
Different types of travel intermediaries in Germany
Intermediaries usually specialize in specific areas and serve as a conduit for market and other types of information. They are also often referred to as the “middleman” and, in the case of travel intermediaries, are businesses that link the travel package with the end-user. There are multiple different types of intermediaries including in-store travel agencies, online travel agencies, and tour operators.
The leading players of the travel intermediation segment in Germany
Booking Holdings Inc. is one of the largest travel intermediary firms in Europe. The company is based in Norwalk, Connecticut, the US, and is a provider of online travel and related services. It offers accommodation reservation services, rental car reservation services, price comparison services, restaurant reservations, airline ticket booking services, vacation packages, cruise booking services, and travel reservation services. It operates its business under brands such as Booking.com, Priceline, Agoda, KAYAK, Rentalcars.com, and OpenTable. The company operates in several countries across Europe, North America, South America, Africa, and the Asia-Pacific region.
Expedia Group Inc. provides a wide range of services which include the booking of hotel rooms, airline seats, car rentals, and destination services through its travel suppliers. Expedia Group serves customers through mobile bookings, alternative distribution channels, private label businesses, and call centers.
Sabre Corp is based in South Lake, Texas, the US, and is a technology provider to the global travel industry. Its software, data, mobile, and distribution solution offerings are used by airlines and hotel properties in managing critical operations, including guest and reservations and revenue, flight, network, and crew management. The company also operates a global travel marketplace.
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