ARC  
Apply Now ARC Tools Help
Search Advanced Search
Home About Us Products and Services Solutions Participants Customer Service News and Events Contact Us  


 
ARC Corporate Communications
4100 N. Fairfax Drive, Suite 600
Arlington, VA 22203-1629
703 816-8525
Fax: 703 816-8168
corpcom@arccorp.com

 


ARC Press Releases
ARC REPORTS RECORD TRAVEL AGENCY SALES SINCE 2000 IN RELEASE OF DECEMBER 2005 & END OF YEAR REPORTING & SETTLEMENT RESULTS

Arlington, VA, January 12, 2006 - ARC today released its summary of December 2005 and year- end Reporting & Settlement results. The 2005 year-end and December 2005 highlights were as follows:

  • Travel agency and corporate travel office (CTD) sales totaled $70.5 billion in 2005 establishing a new post 9-11 record and eclipsing the previous year (2004) by 7%. The same figure for the month of December 2005 exceeded the same month the year before by 11%.
  • Total fares in 2005 also revealed a 7% improvement over the year before. The same figure for the month of December 2005 exceeded the same month the year before by 11%. International fares finished the year at 12% over 2004 while domestic fares were up 3% over the year before. The same two figures for the month of December were 13% and 9% respectively.
  • Average sales per ARC accredited location exceeded $60,000 during 2005 eclipsing the prior year by 16%.
  • Business defaults among ARC accredited travel agency locations fell precipitously with the number of default declarations and terminations as well as the dollar value of defaults finishing the year at less than half of the prior year’s results.


About ARC
ARC is the premier provider of financial settlement solutions and data and analytical services for the travel industry. Airlines, travel agencies, corporate travel departments, railroads, and other travel suppliers process more than $65 billion annually through ARC's world-class settlement system, making it the financial backbone of travel distribution. ARC COMPASS®, the leading, trusted source for travel transaction information, powers data and analytical tools that help ARC customers make confident business decisions. ARC is an airline-owned company that builds on values of integrity, teamwork, innovation, cost-effectiveness, and excellence. For more information, please visit http://www.arccorp.com.




PRIVACY POLICY | TERMS OF USE | SITEMAP | ADOBE ACROBAT
Airlines Reporting Corporation (ARC). All rights reserved.