U.S. Travel Agency Air Ticket Sales Achieve Record Six-Month High

U.S. travel agency air ticket sales reached a record high of $53 billion from January to June 2024, the highest total recorded by ARC for a consecutive six-month period

Key Points:

– Total sales for the first half of 2024 were $53 billion, up 1% year-over-year
– Total passenger trips increased 5% to 149 million, with domestic trips up 8% to 86.8 million and international trips up 2% to 56.2 million
– Average ticket price decreased 1% to $552
– Travel demand remains strong for both domestic and international trips, with similar growth rates for corporate and leisure travel spending
– New Distribution Capability (NDC) transactions comprised 21.5% of ARC’s monthly volume in June 2024, up 14.4% year-over-year[2][4]

The record-breaking first half of 2024 builds on the strong rebound in U.S. travel agency air ticket sales in 2023, which reached $95.3 billion for the full year, approaching the 2019 record of $97.4 billion