The world has shrunk and so many places are now accessible to travelers while, at the same time, the price of travel continues to be extremely competitive, creating strong value for consumers.
Ninan Chacko, CTC, CEO of Travel Leaders Group
Travel Leaders Group Heralds ‘The Golden Age of Travel’
New York, NY (January 23, 2019) – At a gathering of leading travel industry experts today in New York City, predictions were strong for an exceptional 2019 in the travel sector. Continued strength in the U.S. dollar and a positive GDP outlook, combined with the current ‘experience economy’ and ongoing investment in travel infrastructure, are fueling optimism. Additionally, continued growth in the trend toward using professional travel advisors is anticipated as consumers seek increasingly specialized and highly curated travel experiences.
“We have truly arrived at the golden age of travel,” said Ninan Chacko, CTC, CEO of Travel Leaders Group, one of North America’s largest travel agency companies. During a state of the travel industry event held earlier today at the company’s global headquarters in New York City, Chacko stated, “The world has shrunk and so many places are now accessible to travelers while, at the same time, the price of travel continues to be extremely competitive, creating strong value for consumers. Add to that the level of personalization in travel now available which is driving consumers to increasingly seek the expertise of professional travel advisors to ensure their journey is tailored and fulfilling, and 2019 has many opportunities for the travel industry.”
Metrics across the travel industry show anticipated growth in 2019:
“We are looking forward to an extraordinary year for travel in 2019 and, given the scale and opportunity for travel experiences, along with increasingly demanding consumers, professional travel advisors are on the upswing with anticipated growth for the travel agency sector this year and beyond,” said Chacko.
Travel Leaders Group is home to more than 20 travel industry brands with collective annual sales of more than $20 billion. For additional information on Travel Leaders Group, visit travelleadersgroup.com.
About Travel Leaders Group Travel Leaders Group (www.TravelLeadersGroup.com) is transforming travel with a commitment to our vacation and business travel clients through our progressive approach toward each unique travel experience. Having already assisted millions of travelers, Travel Leaders Group manages leisure, business and franchise travel operations under a variety of diversified divisions and brands. With over 6,000 agency locations, Travel Leaders Group ranks as one of the industry’s largest travel agency companies. Travelers also have access to The Travel Collection by Travel Leaders Group, a portfolio of select travel offers including discounts on international and domestic flights, value-added benefits at lodging establishments, shipboard credits on cruises and savings on escorted and vacation packages. Membership to The Travel Collection is offered at no additional cost to U.S. American Express Gold Card, Business Gold Rewards Card, Platinum Card® and Business Platinum Card® Members. For more information visit www.TheTravelCollection.com.