Travel Agent news for OASIS Travel Network
EMD Transactions Jump 7 Percent in January Compared to Same Period in 2017
ARLINGTON, Va. – February 15, 2018 – Airlines Reporting Corp. (ARC) reported today that the number of passenger trips* settled by ARC for U.S. travel agencies increased 5.7 percent to 25,994,191 compared to 24,602,294 in January 2017. The consolidated dollar value of airline tickets sold by U.S.-based travel agencies increased 8.4 percent in January as compared to 2017, totaling $8.4 billion vs. $7.7 billion.
The average U.S. roundtrip ticket price* for January 2018 was $458, down $15 from December 2017. Average January 2018 ticket prices are down approximately two percent compared to January 2017.
Electronic Miscellaneous Document (EMD)** sales in January 2018 comprised almost $7.3 million, a 23 percent increase compared to January 2017. EMD transactions also increased seven percent to 119,567 in January 2018 vs. 103,329 in 2017.
More detailed information is available on ARC’s website.
About ARC
The Airlines Reporting Corporation (ARC) is the premier driver of air travel intelligence and commerce in the travel industry with leading business solutions, travel agency accreditation services, process and financial management tools and high-quality data. In 2017, ARC settled $88.5 billion worth of airline ticket transactions for more than 7,000 travel agencies with 12,000 points of sale. Established in 1984, ARC is an ISO 27001 certified company headquartered in Arlington, Virginia, with offices in Louisville, Kentucky, Tampa, Florida and San Juan, Puerto Rico. For more information, please visit www.arccorp.com and www.twitter.com/arctalk.
Notes:
*Ticket Sales
**Electronic Miscellaneous Documents (EMD)
©2018 Airlines Reporting Corporation (ARC). All rights reserved.
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