An Overview of an Industry Going Places

FACT: The travel industry is the second largest employer in the world.
FACT: In 2005, Canadian outbound travel reached a 5-year high of 21.1 million trips.
FACT: Air travel has quadrupled since 1970 and is predicted to double again by 2015.
FACT: Between 1970 and 1990, travel agency sales showed a remarkable 1,800% increase. The industry is accelerating at an incredible rate – this growth doubled by the year 2000 and is predicted to double again by 2010.
FACT: 3.38 billion trips taken, including: group travel, conventions, cruises, business travel, vacation, weekend getaways.
FACT: Over 90% of all leisure and cruise travel is booked through travel agents.
FACT: Online internet booking is becoming popular. As a TPI Associate you have one of the most advanced booking engines available to capitalize on this trend.
FACT: 90% of the people in North America have never taken a cruise vacation.
FACT: According to the 2001 Census, Canadians spent over $3 billion dollars annually on package vacations, one of the fastest growing segments of the travel industry.
FACT: 53.9% of Canadians surveyed stated that they planned to take a winter vacation in 2006.
FACT: Almost 45 million people have cruised at least once; of these, nearly half, 23 million (51%), have cruised in the past 3 years.
FACT: Based on consumer responses the most likely number of cruisers over the next three years is 29,728,000. This does not consider industry capacity, as estimates are based solely on consumer intentions.
FACT: Overall, both cruisers and non-cruisers report generally high satisfaction levels with their travel agents.
FACT: Travel agents are still seen as the cruise distribution channel that provides the best service.

*Statistics provided by the following:
www.canadatourism.com
www.statcan.com
www.travelcanada.com
www.globalchange.com
CTRI (Canadian Tourism Research Institute)
The Conference Board Of Canada

A look ahead

According to the Harris Report, there are a number of economic trends which indicate continued high growth for the travel industry. With the aging of baby boomers and the increased longevity of the senior citizen market, more and more people today have disposable money and time plus personal interest in leisure travel. These groups of people will continue to increase in size and spending ability, which is good news for travel industry professionals.

By assisting new travel company owners in eliminating many overhead expenses that typically are required, TPI is leading the way of the future for the travel industry as a whole. We hope that you will decide to become part of this bright and prosperous future as well.