ARLINGTON, Va.--(BUSINESS WIRE)--Airlines Reporting Corp. (ARC), the premier driver of air travel intelligence and commerce in the travel industry, reported today that the average U.S. roundtrip ticket price* for May 2017 was $506, up from $501 in April. Average ticket prices are up approximately $5 from May 2016.
The consolidated dollar value of airline tickets sold by U.S.-based travel agencies increased nearly 7 percent in May as compared to 2016, totaling $8.3 billion vs. $7.8 billion. The number of passenger trips* settled by ARC for U.S. travel agencies also increased approximately 7 percent to 24,210,200 compared to nearly 22,721,000 in May 2016.
Electronic Miscellaneous Document (EMD)** sales comprised nearly $7.4 million, a 121 percent increase over 2016. EMD transactions increased 167 percent to nearly 128,200 in May 2017 vs. nearly 48,000 in 2016.
More detailed information is available at https://www.arccorp.com/data.jsp.
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 2016, ARC settled $86 billion worth of carrier 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. Have you registered for TravelConnect? October 19-20, 2017 | Washington, D.C., www.arctravelconnect.com. #TravelConnect2017
Notes for Editors:
- Results are based on monthly sales data ending May 31, 2017, from 12,266 U.S. retail and corporate travel agency locations, satellite ticket printing offices and online travel agencies. Results do not include sales of tickets purchased directly from airlines.
- Average ticket price (in USD) for a roundtrip ticket settled through ARC for an itinerary that included only U.S. domestic travel.
- Passenger trips include the total number of passengers taking a trip from one airport to another using either direct or connecting flights. Newly issued trips are added and refunded trips are deducted to provide a net view of traveling passengers.
- Total sales are equal to the total amount paid for a ticket, which includes taxes and fees.
**Electronic Miscellaneous Documents (EMD)
- Includes fees for products and services such as upgraded seats, checked luggage, an unaccompanied minor, pet-in-cabin, etc.
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