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Economic Downturn Perpetuates TMC Consolidation

By July 7, 2009 No Comments

The current economic downturn has perpetuated the TMC consolidation which has been happening during the past decade.

There is a natural consolidation process which occurs in economic downturns. We have seen this taking place in the major markets we operate in; Salt Lake City, Denver and San Francisco. We have also seen the consolidation trend taking place at the national level.

Christopherson Andavo Travel’s ranking at #14 in the BTN Annual Business Travel Survey is reflective of our own growth through consolidation.

A review of the Airline Reporting Corporation (ARC) statistics as of 5-31-09 shows the following trends:

  • There were 29,486 ARC locations as of 5-31-2001
  • There are 16,695 ARC locations as of 5-31-2009, a reduction of 43%
  • ARC sales are down 26% for the first five months of 2009
  • ARC locations are down 8% for the first five months of 2009
ARC Processing Data YTD as of May
2009 2008 2001
ARC Locations 16,695 18,084 29,485
Total Sales $28,007,936,882 $37,714,073,290 $34,052,812,000
Total Transactions 59,622,069 68,926,509 80,982,177

 

% Change
2009 / 2008 2009 / 2001
ARC Locations -8% -43%
Total Sales -26% -18%
Total Transactions -13% -26%
Mike Cameron

Mike Cameron

Mike Cameron; CEO of Christopherson, which is privately owned by him and his wife Camille. They have four children and nine grandchildren.

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