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Travel arrangement services
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Canada's travel arrangement and reservation services industry experienced moderate growth in 2006, according to the latest results of the Annual Travel Arrangement Services Survey.
This industry comprises the tour operators, travel agencies and reservation services industries. Their combined operating revenues stood at $9.2 billion for 2006, up 4.4% from 2005. Their combined operating profit margins increased to 2.6%, following operating profit margins of 2.0% in 2005 and 2.6% in 2004.
The tour operator industry continued to dominate the travel arrangement services industry, accounting for four-fifths of total operating revenues.
Canadian tour operators earned $7.3 billion in operating revenues, up 4.2% over 2005. Operating expenses rose 4.0%. As a result, profit margins for tour operators improved slightly to 1.3%.
The travel agency industry operating revenues increased to $1.7 billion, up 4.8% from 2005.
Profit margins for travel agencies reached 7.1% in 2006.
Available on CANSIM: table 351-0003.
Definitions, data sources and methods: survey number 2423.
Data for the 2006 travel arrangement services industry are now available. These data provide information such as revenue, salaries and wages, profit margin and expenditures for North American Industry Classification System codes 561510, 561520 and 561590.
For more information, or to enquire about the concepts, methods or data quality of this release, contact Bob Allan (613-951-2648; fax: 613-951-6696; bob.allan@statcan.gc.ca), Service Industries Division.
