Tools commonly used in the Travel Research industry for day-to-day tasks and operations.

• SurveyMonkey
• Qualtrics
• Google Analytics
• TripAdvisor Insights
• STR Global
• Skyscanner Travel Insight
• Amadeus Travel Intelligence
• Expedia Partner Central
• Adara Traveler Intelligence
• AirDNA

Common products and services typical of NAICS Code 541910-12, illustrating the main business activities and contributions to the market.

• Hotel occupancy rates
• Airline passenger traffic
• Cruise ship bookings
• Travel insurance sales
• Car rental reservations
• Tourist attraction attendance
• Travel agency revenue
• Online travel booking market share
• Business travel spending
• Vacation rental occupancy rates

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Certified Travel Associate (CTA): The CTA certification is offered by The Travel Institute and is designed for travel professionals who have at least 18 months of experience in the industry. It covers topics such as travel industry trends, sales and marketing, and customer service. The certification is recognized by the American Society of Travel Agents (ASTA).
• Certified Travel Counselor (CTC): The CTC certification is also offered by The Travel Institute and is designed for experienced travel professionals who have at least five years of experience in the industry. It covers topics such as business ethics, financial management, and leadership. The certification is recognized by ASTA.
• Certified Business Travel Professional (CBTP): The CBTP certification is offered by the Global Business Travel Association (GBTA) and is designed for travel professionals who specialize in corporate travel management. It covers topics such as travel policy development, risk management, and supplier management.
• Certified Travel Industry Executive (CTIE): The CTIE certification is also offered by The Travel Institute and is designed for experienced travel professionals who have at least five years of experience in the industry. It covers topics such as strategic planning, financial management, and marketing. The certification is recognized by ASTA.
• Certified Destination Management Executive (CDME): The CDME certification is offered by the Destination Marketing Association International (DMAI) and is designed for destination management professionals. It covers topics such as destination marketing, leadership, and stakeholder management.

A concise historical narrative of NAICS Code 541910-12 covering global milestones and recent developments within the United States.

• The "Travel Research" industry has a long history dating back to the early 20th century when the first travel agencies were established. In the 1920s, the industry saw significant growth with the introduction of commercial airlines and the expansion of the tourism industry. The 1960s saw the emergence of computer reservation systems, which revolutionized the way travel was booked and managed. In the 1990s, the internet became a game-changer for the industry, with the introduction of online travel agencies and the ability for consumers to book travel directly. In recent years, the industry has continued to evolve with the rise of mobile technology and the increasing use of big data and analytics to inform travel decisions. In the United States, the "Travel Research" industry has seen significant growth in recent years, driven by the increasing popularity of travel and the rise of online travel agencies. According to Statista, the revenue of the online travel booking market in the United States is projected to reach $109.1 billion in 2021, up from $86.1 billion in 2019. The industry has also been impacted by the COVID-19 pandemic, with travel restrictions and safety concerns leading to a significant decline in travel demand in 2020. However, as vaccination rates increase and travel restrictions are lifted, the industry is expected to rebound in the coming years.

The anticipated future trajectory of the NAICS 541910-12 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The travel research industry in the USA is expected to grow in the coming years due to the increasing demand for travel and tourism. The industry is expected to benefit from the growing trend of experiential travel, where travelers seek unique and authentic experiences. The use of technology, such as artificial intelligence and big data analytics, is also expected to drive growth in the industry. The COVID-19 pandemic has had a significant impact on the industry, but as travel restrictions ease and vaccination rates increase, the industry is expected to recover. The industry is also expected to face challenges such as increasing competition and changing consumer preferences, which may require companies to adapt their strategies to remain competitive.

Recent groundbreaking advancements and milestones in the Travel Research industry, reflecting notable innovations that have reshaped its landscape.

• Virtual Reality Technology: Travel research companies are using virtual reality technology to provide customers with immersive travel experiences. This technology allows customers to explore destinations and accommodations before booking their trips, providing them with a better understanding of what to expect.
• Mobile Apps: Many travel research companies are developing mobile apps that provide customers with real-time information about travel destinations, including weather, local events, and attractions. These apps also allow customers to book flights, accommodations, and activities directly from their mobile devices.
• Social Media Marketing: Travel research companies are increasingly using social media platforms such as Instagram and Facebook to promote travel destinations and experiences. This allows companies to reach a wider audience and engage with customers in a more interactive way.
• Sustainable Travel: Many travel research companies are focusing on promoting sustainable travel practices, such as reducing carbon emissions and supporting local communities. This trend is driven by increasing consumer awareness of environmental issues and a desire to make a positive impact on the places they visit.
• Personalization: Travel research companies are using data analytics and artificial intelligence to provide customers with personalized travel recommendations based on their preferences and past travel experiences. This allows companies to provide a more tailored and customized experience for their customers.