PhoCusWright
Business Services · Connecticut, United States · 11-50 Employees
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Overview
Headquarters
PO Box 760, Sherman, Connecticut, 06784,...Phone Number
(201) 902-2000Website
www.phocuswright.comRevenue
$33.6 MillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
2
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About PhoCusWright
Founded in 1994 in New York City, New York, Phocuswright provides travel industry research on how travelers, suppliers, and intermediaries connect. Independent, rigorous and unbiased, Phocuswright fosters strategic planning, tactical decision-making, and organization.Explore more
PhoCusWright Org Chart
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Activity Insights
PhoCusWright is experiencing very low activity levels compared to other companies in the Business Services sector.
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PhoCusWright Tech Stack
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PhoCusWright News & Media
ITB: Bookings are rising slowly but surely
Despite a gloomy consumer outlook the global travel market continues to grow, although not at the same rates as before. That was the message of Mitra Sorrells, Senior Vice President Content of the US market research institute Phocuswright, in her keynote speech on Monday at the opening press conference of ITB Berlin 2025. By contrast, there was a greater willingness to invest in travel startups in 2024, albeit at a lower level than in previousBy 2026, Online Reservations Will Account for 65% of Travel Bookings
According to new research from Phocuswright, the global travel market has rebounded significantly, surpassing pre-pandemic levels with a 24% increase in gross bookings in 2023, reaching a total spend of $1.5 trillion. The industry is projected to grow between 6-10% annually through 2026. (Note: Phocuswright and TravelAge West are both owned by Northstar Travel Group.)The State Of Online Travel Agencies
The online travel market is expected to grow 18% in 2022 to $76.7 billion, a figure just shy of 2019 gross bookings, new research from Phocuswright reveals. According to the U.S. Online Travel Agency Market Report 2021-2025, OTA gross bookings are o...Three key developments in the U.S. OTA market
OTAs showed welcome recovery in 2021, buoyed by continued strength in domestic travel. After ending 2020 down 58%, U.S. OTA bookings nearly doubled despite the ups and downs of another pandemic year. According to Phocuswright’s latest travel researc...
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Founded in 1994 in New York City, New York, Phocuswright provides travel industry research on how travelers, suppliers, and intermediaries connect. Independent, rigorous and unbiased, Phocuswright fosters strategic planning, tactical decision-making, and organization.... Read More
