Phocuswright Report: Travel Advisor Bookings to Reach $134 Billion by 2026, Outpacing Market Growth
🗺️ Mar 13, 2026: Report by Phocuswright reveals travel advisor bookings reached $125 billion in 2024, outpacing the overall market. By 2026, this figure is expected to grow to $134 billion. Advisors are vital for complex, high-value trips, with luxury and cruise travel heavily relying on them. Their expertise and personalized service build client trust, enhancing hotel visibility through programs and networks. This trend underscores the strategic importance of advisor channels in luxury and boutique hotel distribution.
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