Travel Agency - Industry Research Report:

In addition to your own research to learn more about an industry, BizCompare.com is pleased to provide this industry research report for the Travel Agency industry. This important "firmographic" information provides you with deeper understanding of the size and key facts about an industry, improving your decision making.

In the U.S. there are 35,232 companies who operate in the Travel Agency area, a specific industry in the larger category of Admin and Support Services.

The NAICS code and description for the Travel Agency industry is: 56151 - Travel Agencies

Companies in the Travel Agency industry are comprised of companies primarily engaged in providing specialized travel arrangements on behalf of other people either for business or leisure purposes. These arrangements may include air travel, ground travel (such as bus and rail), cruises, car rental, hotel accommodation and organized tours. Typically, people will choose to use a travel agent when they want a higher level of personal service, such as advice and recommendations, and more specific travel arrangements.

Annual Business Sales:

Yearly revenues, a helpful indicator to understand the size of a business.

• All of the U.S.

The average annual business sales for the 35,232 companies in the Travel Agency category across the U.S is .

Annual business sales for all Travel Agency companies, nationally:

Up to $500,000	32%
$500K - $1M	22.3%
$1M - $2.5M	18%
$2.5M - $5M	7.2%
$5M - $10M	5.6%
$10M - $25M	3.6%
$25M - $50M	1.2%
$50M - $100M	1.5%
$100M - $500M	2%
$500M - $1B	1.2%
More than $1B	5.3%

Number of Employees:

Number of employees also a helpful indicator to understand the size of a business.

• All of the U.S.

The average number of employees for the 35,232 companies in the Travel Agency category across the U.S is .

Number of employees for all Travel Agency companies, nationally:

1 to 4	45.2%
5 to 9	19.1%
10 to 19	15.1%
20 to 49	7.3%
50 to 99	2.1%
100 to 249	1.8%
250 to 499	1.6%
500 to 999	0.7%
1,000 to 4,999	1.9%
5,000 to 9,999	0.4%
10,000 +	4.9%

Years in Business:

How long this business has been operating.

• All of the U.S.

The average years in business for the 35,232 companies in the Travel Agency category across the U.S is .

Years in business for all Travel Agency companies, nationally:

1 Year	3.8%
2 Years	3.6%
3 to 5 Years	8%
6 to 10 Years	17%
Over 10 Years	67.6%