Travel Computer Reservation Systems - IBISWorld Industry Market Research

Travel Computer Reservation Systems

Travel Computer Reservation Systems - IBISWorld Industry Market Research
Travel Computer Reservation Systems
Published Sep 09, 2011
35 pages — Published Sep 09, 2011
Price US$ 1,020.00  |  Buy this Report Now

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Abstract:

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A number of factors have influenced the industry over the past five years, including the state of the economy, the state of the airline industry and other travel-related trends. With consumer spending plummeting during the recession, consumers were less likely to spend money on nonessential travel, pushing down computer reservation system (CRS) companies' commission rates and fees as consumer scaled back on spending. Industry revenue was also negatively affected by falling domestic travel and international arrivals into the United States. Domestic travel is improving, however, with a greater number of consumers and business customers taking trips. As such, a percentage of that rise will likely flow into CRS companies' coffers.

This industry comprises establishments primarily engaged in developing and operating a computer reservations system (CRS). A CRS is a system used to store and retrieve information and conduct transactions related to air travel. Major CRS operations that book and sell tickets for multiple airlines are known as global distribution systems (GDS). Most GDS systems typically allow users to book hotel rooms and rental cars as well as airline tickets.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

  
Source:
Document ID
OD4563
Country
Report Type
US Special Collection
Format:
PDF Adobe Acrobat
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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

  
MLA:
IBISWorld Industry Market Research. "Travel Computer Reservation Systems" Sep 09, 2011. Alacra Store. Dec 07, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Travel-Computer-Reservation-Systems-2042-2543>
  
APA:
IBISWorld Industry Market Research. (2011). Travel Computer Reservation Systems Sep 09, 2011. New York, NY: Alacra Store. Retrieved Dec 07, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Travel-Computer-Reservation-Systems-2042-2543>
  
US$ 1,020.00
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