U.S. Packaged Travel Market Report 2022-2026
- Published:
- April 2023
- Research Type:
- Report
- Figures:
- 5
- Segments:
- Tours & Packages, Traditional Agencies & TMCs
- Regions:
- U.S. & Canada
Summary
The U.S. packaged travel segment is letting out a sigh of relief. Packaged travel bookings grew 29% in 2022, from $11.3 billion to $14.5 billion, as the segment continued its strong recovery. Thanks in large part to the return of complex trips (and therefore, travel advisors) offline channel share is rebounding more quickly. Overall, the packaged travel segment anticipates seeing gross bookings that surpass 2019 totals in 2024. Higher trip spend and the reopening of international markets have driven the positive change, but challenges remain, largely in the form of economic and supply chain uncertainty. The segment’s growth will taper and stabilize through the forecast period, reflecting the broader market’s recovery patterns.
This report provides a comprehensive view of the U.S. packaged travel segment, including detailed market sizing and projections through 2026, distribution trends, key developments and more.
This report is part of the U.S. Travel Market Report 2022-2026 series, which features an overview of the U.S. travel market, along with detailed data and analysis of five key segments: airline, hotel & lodging, car rental, cruise and packaged travel. A standalone report dedicated to online travel agencies rounds out the coverage. Collectively, the series provides comprehensive market sizing, projections and analysis for the U.S. travel industry from 2019-2026.
With the single purchase of the U.S. Travel Market Report 2022-2026 series, the following reports (available now or publishing soon) are automatically included at no additional cost:
