Sources of Revenue: All Other Operating Revenue for Tour Operators, All Establishments, Employer Firms
REVOOREF56152ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
635.00
Year-over-Year Change
54.13%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures the 'All Other Operating Revenue' for tour operators, which includes revenues from sources other than ticket sales or package tours. It provides insight into the diversification and financial health of the tour operator industry.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'All Other Operating Revenue' metric represents the revenues that tour operators generate from sources beyond their core business of selling tours and travel packages. This can include revenues from ancillary services, commissions, and other operating activities.
Methodology
The data is collected through surveys of tour operator establishments by the U.S. Census Bureau.
Historical Context
This trend is useful for analyzing the business models and revenue streams of tour operators, which is relevant for investors, industry analysts, and policymakers.
Key Facts
- Tour operators generate revenue from sources beyond just selling tours and packages.
- This 'All Other Operating Revenue' metric provides insight into industry diversification.
- The data is collected through U.S. Census Bureau surveys of tour operator establishments.
FAQs
Q: What does this economic trend measure?
A: This trend measures the 'All Other Operating Revenue' generated by tour operators, which includes revenues from sources beyond their core business of selling tours and travel packages.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the diversification and financial health of the tour operator industry, which is useful for investors, industry analysts, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of tour operator establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is relevant for analyzing the business models and revenue streams of tour operators, which can inform policies and regulations affecting the tourism industry.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential limitations of Census Bureau surveys.
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Citation
U.S. Census Bureau, Sources of Revenue: All Other Operating Revenue for Tour Operators, All Establishments, Employer Firms (REVOOREF56152ALLEST), retrieved from FRED.