2024 Tour Operators Industry Research Report

Tour Operators - Market Size and Industry Forecast

The 2024 Tour Operators Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the tour operators industry.

HistoricalForecasted
20192020202120222023202420252026202720282029
Market Size (Total Revenue)

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% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Tour Operators - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Tour Operators companies in the United States.

Tour Operators Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesTour Operators
Small Business (< 5 Employees)

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Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Tour Operators - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

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Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Tour Operators - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

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Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Tour Operators - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

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Arranging, assembling, & marketing pre-packaged tours
Assembling, organizing, & reserving customized group tour package
Arranging, assmb, & marketing pre-packaged tours - international
Arranging, assmb, & marketing pre-packaged tours - domestic
Assmb, org, & reserving cust group tour packages- international
Assmb, org, & reserving customized group tour packages - domestic
Reservation & travel services
Reservation and travel services - packaged tours
Reservation & travel services airline seats-international travel

Tour Operators - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations7%

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Chief Executives0%
General and Operations Managers3%
Business and Financial Operations Occupations7%
Business Operations Specialists5%
Sales and Related Occupations39%
Sales Representatives, Services34%
Travel Agents28%
Travel Agents28%
Office and Administrative Support Occupations34%
Information and Record Clerks23%
Customer Service Representatives8%
Customer Service Representatives8%
Reservation and Transportation Ticket Agents and Travel Clerks13%
Reservation and Transportation Ticket Agents and Travel Clerks13%

Government Contracts

In the past, the federal government spent an annual total of $2,073,128 on the tour operators industry. It has awarded 14 contracts to 7 companies, with an average value of $296,161 per company.

Tour Operators and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

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Tour Operators Industry Report
GeographyUnited States  
Publication DateMarch 2024
Report FormatPDF Download  PDF
Price

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