Travel arrangements & reservation services

About

The top three occupations in the Travel arrangements & reservation services Industry Group are Travel agents, Other managers, Customer service representatives, Reservation & transportation ticket agents & travel clerks, and Sales representatives of services, except advertising, insurance, financial services, and travel. On average, full-time employees in the Travel arrangements & reservation services Industry Group work 43.5 hours per week and have an average annual salary of $67,600. Part-time employees in the same industry work 22.4 hours and earn an average annual salary of $24,228.

The locations with the highest concentration of employees in the Travel arrangements & reservation services Industry Group are Disney-International Drive Region PUMA, FL, Winter Garden, Ocoee Cities & Oakland Town PUMA, FL, and Tantalus to Waikiki PUMA, HI. The industry that purchases the most products or services from the Hospitals Industry Group is Travel arrangements & reservation services.

Workforce

A snapshot of jobs, wages, and opportunities in the Travel arrangements & reservation services Industry Group. Travel agents are the most common position, but the Travel arrangements & reservation services Industry Group employs a relatively high number of Travel agents, compared to other industries.

The highest average salary in Travel arrangements & reservation services goes to Architectural & engineering managers.

Monthly Employment

Start Year

Y-Axis

−16.1%

Year-over-year decline

Employment change between May 2020 and May 2021

As of May 2021, there are 43.1k people employed in the Travel Arrangement and Reservation Services industry. This represents a −16.1% decrease in employment when compared to May 2020.

This chart shows monthly employment numbers for Travel Arrangement and Reservation Services over time (non-seasonally adjusted).

Occupations by Share

220k

Workforce (BLS Estimate)

ACS Estimate: 286k

0.59%

1 Year Growth

± 6.46%

The Bureau of Labor Statistics estimates that there were 220k people employed in the Travel arrangements & reservation services Industry Group in 2019.

According to ACS estimates, the number of people employed in the Travel arrangements & reservation services Industry Group has been growing at a rate of 0.59%, , from 284k people in 2019 to 286k people in 2020.

The following graphic shows the share of employment in Travel arrangements & reservation services by various occupations according to ACS estimates. Travel agents represent the largest share of positions held in Travel arrangements & reservation services at 20%, followed by Other managers with 11.8% and Customer service representatives with 6.09%.

Most Common

The most common occupations in the Travel arrangements & reservation services Industry Group, by number of employees, are Travel agents, Other managers, Customer service representatives, Reservation & transportation ticket agents & travel clerks, and Sales representatives of services, except advertising, insurance, financial services, and travel.

Most Specialized

Compared to other Industry Groups, Travel arrangements & reservation services employs an unusually high number of Travel agents, Reservation & transportation ticket agents & travel clerks, and Tour & travel guides.

Highest Paid

The highest paid occupations in Travel arrangements & reservation services, by average wage, are Architectural & engineering managers, Chief executives & legislators, and Lawyers, & judges, magistrates, & other judicial workers.

Average Salary

$60,597

AVERAGE WAGE

± $3,089

On average, employees in the Travel arrangements & reservation services Industry Group make $60,597 per year. This number makes Travel arrangements & reservation services the 100 highest paying Industry Group in the United States out of a total of 269 Industry Groups.

Wage by Location

HIGHEST PAYING PUBLIC USE MICRODATA AREA

HIGHEST PAYING PUMAS

This map shows which public use microdata areas (PUMAs) pay the highest average salary to employees in the Travel arrangements & reservation services Industry Group.

Wage Distribution

0.454

WAGE GINI

Travel arrangements & reservation services has a wage GINI of 0.454, which is less than than the national average of 0.478. In other words, wages are distributed more evenly in Travel arrangements & reservation services (shown in red) in comparison to the national average for those wage buckets (shown in gray).

Spatial Concentration

Public Use Microdata Areas with RCA

This map shows the PUMAs in the United States that have revealed comparative advantage in the Travel arrangements & reservation services Industry Group.

These are locations that employ more people in the Travel arrangements & reservation services Industry Group than expected given both the size of that location's overall labor pool and the national size of the Travel arrangements & reservation services Industry Group.

Diversity

Demographic information on the Travel arrangements & reservation services Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $76,004 and $73,128. So too tend to earn more than other races and ethnicities in this industry.

Composition by Sex

171k

FEMALE WORKFORCE

±10.1k

115k

MALE WORKFORCE

±8.34k

59.6% of workers in the Travel arrangements & reservation services Industry Group are Female, making them the more common sex in the workforce. This chart shows the sex breakdown of the Travel arrangements & reservation services Industry Group.

Wage by Sex in Common Jobs

$76,004

AVERAGE MALE SALARY

±$6,305

$73,128

AVERAGE FEMALE SALARY

±$6,175

On average, Male workers in the Travel arrangements & reservation services Industry Group make 1.04 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Travel arrangements & reservation services Industry Group.

Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

Asian
White
Two or More Races

On average, Asian employees in the Travel arrangements & reservation services Industry Group earn 1.14 times more than other races and ethnicities. This chart shows the race and ethnicity-based wage disparities in the 5 most common occupations in the Travel arrangements & reservation services Industry Group.

Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Travel arrangements & reservation services Industry Group. Based on estimates from the Bureau of Economic Analysis, this section indicates the amount of money spent by a specific industry in other industries. Professional and business services has the highest single input, by dollars, to the Travel arrangements & reservation services Industry Group, and the largest industry purchasing services from the Travel arrangements & reservation services Industry Group is Professional and business services.

In this flow diagram, all of the industries listed to the left are those places from which the highlighted industry has made purchases. They are the intermediate inputs to the highlighted industry. All those industries listed on the right side are those industries that have made purchases from the highlighted industry. They are the use of outputs of the highlighted industry. The visualizations below offer alternative ways to see and understand this data.

Industrial Flow

The closest comparable data for Travel arrangements & reservation services is from Professional, Scientific & Management, and Administrative & Waste Management Services.

Intermediate Inputs

The closest comparable data for Travel arrangements & reservation services is from Professional, Scientific & Management, and Administrative & Waste Management Services.

HIGHEST INPUT INDUSTRY

The Travel arrangements & reservation services Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Professional and business services Industry. This visualization does not include labor and capital costs.

Use of Output by Other Industries

The closest comparable data for Travel arrangements & reservation services is from Professional, Scientific & Management, and Administrative & Waste Management Services.

LARGEST PURCHASING INDUSTRY

The Professional and business services Industry purchases the greatest share of products and services from the Travel arrangements & reservation services Industry Group in order to produce other goods and services. Purchases of the Travel arrangements & reservation services Industry Group for final consumption by consumers, businesses, or government are not included here.

Projections

Growth projections of the Travel arrangement and reservation services industry, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 7.66% in the next ten years. The Travel arrangement and reservation services industry has a lower projected workforce growth at −30.1%. Its projected 10-year growth in output (22%) is lower than the projected national growth in output (24.2%).

Job Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is Travel arrangement and reservation services.

−30.1%

Estimated Job Growth

10-year Projection

7.66%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Travel arrangement and reservation services. This industry is expected to grow less than than 7.66%, the average rate of national job growth.

Output Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is Travel arrangement and reservation services.

22%

Estimate Growth

10-year Projection

This line chart shows the projected 10-year growth in output of the Travel arrangement and reservation services industry.

Professional, Scientific & Management, and Administrative & Waste Management Services

Industry Sector

Travel arrangements & reservation services

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