Get in touch with us. While you can compete head on, having a niche or tailored proposition can help you compete more effectively. Hopefully these are self explanatory. Directly accessible data for 170 industries from 50 countries Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, personal consultations with travel agents. Conversely, when asked about the downsides of working in the industry, employees said working holidays, tough competition and sometimes the political working environment. Airlines are the most visible example of suppliers. Yes. The prices will go up after awhile. Becoming a tour organiser will require a network of suppliers to cover carriers, accommodation and services. and over 1 Mio. It will be an option as a start-up business. Why? Learn more about how Statista can support your business. Yes, some agents can charge for their services. In both of these examples, the majority of the holiday is offered by the larger scale businesses but in a less flexible way. Greaves India - India travel specialist in the UK, providing holidays, customised itineraries and special tours to India. It was just as the economy was starting to perk up and a fascinating time to cover the stock market, which I did for three months until I switched beats in September 2010. Types of Travel Company: The travel market categorises companies into: So what is it that your business will do for your customers? The term customer proposition used to mean what you do for the customer at what price and place. Statista assumes no - Multiple travel agents are companies which operate a chain of retail outlets throughout the UK under a single brand name. Accessed November 27, 2020. https://www.statista.com/statistics/564385/travel-agents-consortia-by-number-of-outlets-united-kingdom-uk/, BP Travel Marketing. Taking the example of a hypothetical ski tour organiser: If the ski tour organiser specialises in say, off piste adventure skiing, then it is appealing to a specific section of skiing customers and so is a niche business. A few examples of these would be Thomson and Thomas Cook. Glassdoor.com, a jobs and career community where people can share workplace insights, took an in-depth look at reviews from employees at well-known airlines, hotels, online travel agencies to find the best travel companies to work for. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from, Revenue of Expedia Inc. worldwide 2007-2019, Gross bookings of Expedia, Inc. worldwide 2005-2019, Market share of leading online travel agencies (OTAs) in Europe 2019. If your idea would be a me too business then it may be harder to succeed. Others were independent, sourcing packages from tour operators and tour organisers. Much of the established market will be catered for by scale companies like TUI and Thomas Cook. (The Travel Weekly annual listing includes travel companies with at least $100 million in annual sales,) —Overall, nearly every company on the list increased sales, although there were 10 fewer on the list than there were in 2017 (49 vs. 59), a reflection, in part, of continued consolidation in the industry—the most significant being last July’s merger of Travel Leaders Group and Altours . “Orbitz employees tout smart and creative co-workers, fun and innovative technology, as well as senior leaders who embrace transparency as just some of the great things about working at the company,” Zupan says. Within the travel industry the term 'broker' is used to mean a company that buys or has access to a high volume of accommodation places. For example, every trip I’ve booked through my travel agent has always included free breakfast and a resort credit of some kind to use towards food or the spa. As soon as this statistic is updated, you will immediately be notified via e-mail. Like they can save you hours of stressful research and review reading by asking you a few simple questions about what kind of vacation you’re looking for and guiding you in the right direction as per their industry experience.