Airlines Reporting Corp. (ARC) has released new analysis that shows air ticket sales for spring travel over the last four years is growing steadily, up 18 percent since 2014, to the top destinations in the Caribbean and Mexico as well as top spring destinations in the US This trend is consistent with the steady overall international travel increase reported by ARC–a seven percent increase year-over-year (YOY) in March of 2018 as compared to 2017, the company said.
Despite devastating hurricanes in late 2017, air ticket purchases to areas less impacted remain very strong in 2018. Spring travel to the Bahamas increased 24 percent while the Dominican Republic and Mexico increased 12 percent and 11 percent respectively. And while air ticket sales to Jamaica increased 4 percent, the impact of the storms are still having an impact on Puerto Rico, which saw with a 27 percent decrease in sales in 2018 compared to 2017.
Overall, average ticket prices decreased for spring travel by 4 percent, while the ticket prices for travel to the Caribbean were up around 5 percent. Travelers flying to Mexico this spring paid an average of USD 529 while those flying to the Caribbean paid an average of USD 641.
The Airlines Reporting Corporation (ARC) is the premier driver of air travel intelligence and commerce in the travel industry with business solutions, travel agency accreditation services, process and financial management tools and high-quality data. In 2017, ARC settled USD 88.5 billion worth of airline ticket transactions for more than 7,000 travel agencies with 12,000 points of sale. Established in 1984, ARC is an ISO 27001 certified company headquartered in Arlington, Virginia, with offices in Louisville, Kentucky, Tampa, Florida and San Juan, Puerto Rico. For more information, visit www.arccorp.com and www.twitter.com/arctalk.