Travellers will be paying their travel agency to book their flights and hotel rooms over the next two years.
With a rising demand for travel agency travel, there are increasing concerns over the viability of the industry.
The travel agency market is dominated by the likes of Virgin Atlantic and Spirit Airlines, both of which have had huge losses this year and are on course to lose more than half of their value within the next five years.
But there are several other travel agency companies vying for travellers’ money.
They include Expedia and Expedia Travel, as well as a range of other companies like TripAdvisor, TripAdvance and Orbitz.
These companies are all trying to be seen as the next big thing and have been doing so with increasing success.
But with travel agency growth also increasing, the industry is facing a lot of competition and the share of the market has already gone through the roof.
The chart below shows the latest stock prices of the biggest travel agency brands for the past two years, as of January 26, 2018.
The company that’s in the lead is Expedia, which is currently up 4 per cent.
Expedia has been able to grow its stock over the past few years as it has seen growth in international business, as it expands its business to more destinations, as a result of its new business partnership with travel agencies, and its growing customer base.
But it’s been able with the rise in international travel, as people travel abroad for business and leisure purposes and spend a lot on hotels and accommodation.
Travel agency shares Expedia is up 2.6 per cent this year.
Spirit Airlines is up 4.4 per cent and Virgin Atlantic is up 3.3 per cent, according to the BNP Paribas Travel Industry Index (BITI).
These three companies have a combined market capitalisation of $US1.65 trillion, which makes them the most valuable company in the industry according to BNP.
It has been a big year for Spirit Airlines and Spirit, with the airline up 1.4% and up 8.5 per cent respectively in 2017, and up 3 per cent in 2018.
Spirit has seen an increase in business and travel revenues over the last year, and the airline is now the third largest travel company in Asia.
But the stock market may not be the best place to invest in Spirit Airlines or Spirit, which has been in decline over the years.
It’s been in the red since 2010, when it fell by 13 per cent to $US200.
The airline is a leading provider of air transport in the region and has a high operating margin.
It is one of the largest airlines in the world and has seen its share price rise by a healthy 9.2 per cent over the two years since it was up by 7.8 per cent from 2015.
Virgin Atlantic was down 2.4 percent over the same period.
These three are among the top three travel agency shares, according the BPI.
It would be a big mistake to put too much stock in these three companies because they have suffered through the worst downturn in the company’s history.
They are currently trading at $US260.
The second-most valued airline is Spirit Airlines.
The carrier has been up 13.6 percent over its last two years and it is up 6.5 percent this year, according a report by Bloomberg.
The stock price of Spirit Airlines has been rising for a while, but it has been slowing down.
It was down 20 per cent at the start of 2017, but is up 21.9 per cent so far this year in 2018, according BNP’s index.
The third-most valuable airline in Asia is Expedite Travel, which also has been improving over the course of the past couple of years, rising 2.7 per cent year-on-year, according Bloomberg.
ExpedITE has been outperforming the S&P 500 Index, which it is in the middle of, and has been climbing from $US120 to $130 this year according to its market capitalization.
The value of Expedites share has risen by 5.3 percent over last two months.
It now has a market capitalised value of $A6.85 trillion.
Expedited is another top flight airline in the market.
It sits in the top 10 and has an estimated market cap of $AU6.1 trillion.
It will likely continue to rise this year as it is also a major player in the travel industry.
It had a strong 2018 and is now up 1 per cent on the year, up by 2.5 percentage points, according data from BNP and the index.
Travel agents have also been making money over the recent years.
In the past year, travel agencies have seen growth of 25 per cent across the board, according figures from PricewaterhouseCoopers.
And, of course, they are also seeing the impact of a rising interest in travel. Last year,