What percentage of the industry's business is accounted for by the ten major tour wholesaler companies?

The ten major tour wholesaler companies play a significant role in the hospitality and tourism industry, accounting for around 30 percent of the industry's total business. This is indicative of the consolidation that frequently occurs in the travel sector, where a limited number of large companies dominate a sizable market share. Tour wholesalers operate by bundling services, such as transportation, accommodation, and activities, into packages that are then sold through retail travel agents or directly to consumers.

This concentration within the industry allows these companies to achieve economies of scale, negotiate better rates with suppliers, and offer competitive pricing, ultimately influencing a considerable portion of travelers' choices. Thus, understanding this percentage provides insight into the structure of the industry and highlights the impact of tour wholesalers on the overall tourism landscape.