Positive sign for travel agents, Airlines Reporting Corp. (ARC) said CRA-accredited travel agencies saw a 328% year-over-year increase in airline ticket sales in August 2021.
“Airlines and travel agencies were anticipating a decline in overall sales and passenger travel in August as new mandates and border restrictions began to take effect in July,” said Steve Solomon, vice president of global sales, marketing operations and customer experience at ARC. “Our data shows that the decline starts to stabilize towards the end of August. Over the next few months, there will be some uncertainty and volatility as schools reopen, businesses delay return-to-office dates, and countries introduce new travel restrictions. “
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According to the CRA, the consolidated dollar value of tickets sold by agencies in August was $ 3.2 billion, up from $ 715 million in August 2020, but down from 4 billion dollars as of July 2021.
The ARC also reported that total passenger trips settled by the ARC in August increased 151% year-on-year, from 6 million to 15.2 million, and domestic passenger trips and internationals in the United States grew 145% and 168% year-on-year, respectively.
In total, domestic passenger travel in the United States reached 10.9 million and there were 4.3 million international trips.
Airline tickets have also increased. In August, the average price for round-trip tickets in the United States rose to $ 398, more than $ 70 from $ 321 in August 2020.