U.S. Packaged Travel Market Report 2020-2024
- Published:
- February 2021
- Research Type:
- Report
- Figures:
- 7
- Segment:
- Tours & Packages
- Region:
- U.S. & Canada
Summary
The U.S. packaged travel market has been among the worst-affected segments from the coronavirus pandemic. The market was projected to fall a whopping 83% in 2020, plummeting to $3.3 billion in gross bookings from $19.7 billion in 2019. In an effort to
survive until vital international markets reopen, wholesalers and guided vacation companies shifted their focus to domestic travel.
This report provides an overview of the U.S. packaged travel segment, including market sizing and projections
through 2024, analysis, key trends, distribution dynamics and more.
For more on the U.S. travel marketplace, check out the following:
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What is Open Access
An Open Access subscription provides company-wide access to the whole library of Phocuswright’s travel research and data visualization.