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Thursday, February 27, 2003 Travel arrangement services2001The travel arrangement industry, which comprises travel agents, tour operators and reservation services, declined 0.8% in 2001 to $7.0 billion in total operating revenue. The revenue generated by travel agents in 2001 fell 3.3% to $1.73 billion. The tour operators industry also decreased 0.2% in 2001 to $5.0 billion. The decline in operating revenue can be attributed to weak economic growth and the events of September 11. Data for 2001 for the travel arrangement services industry are now available. These data provide information such as revenue, salaries and wages, profit margin, the percentage distribution of revenue by type of service, expenditures and client base for North American Industry Classification System codes 561510, 561520 and 561590. Available on CANSIM: table 351-0003. Information on methods and data quality available in the Integrated Meta Data Base: survey number 2423. For more information, or to enquire about the concepts, methods or data quality of this release, contact Adib Farhat (613-951-6306; adib.farhat@statcan.gc.ca) or Joan Farnworth (613-951-6303; joan.farnworth@statcan.gc.ca), Service Industries Division. |
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