Travel agency, tour operator and other reservation service and related activities

NACE code 79 encompasses a diverse range of businesses that provide travel-related services. This industry plays a crucial role in the global economy, facilitating the movement of people and goods across borders. Travel agencies, tour operators, and other reservation services are the backbone of the tourism industry, connecting travelers with destinations, accommodations, and transportation. As the world becomes increasingly interconnected, the demand for these services continues to grow, making this industry an important contributor to economic development and job creation.

Businesses within NACE code 79 utilize a range of techniques to provide their services. Travel agencies and tour operators typically begin by researching and curating travel packages, including flights, accommodations, and activities. They then market these packages to potential customers, often through online platforms, travel fairs, and direct outreach. Reservation services, on the other hand, focus on facilitating bookings for various travel-related products, such as flights, hotels, and car rentals. These businesses leverage technology, such as online booking systems and customer relationship management (CRM) tools, to streamline the reservation process and provide a seamless experience for their clients.

The main inputs required for businesses operating under NACE code 79 include access to travel-related products and services, such as airline tickets, hotel rooms, and transportation options. These businesses also rely on skilled personnel, including travel agents, tour guides, and customer service representatives, to provide personalized and knowledgeable assistance to their clients. Additionally, they require access to information and data on travel destinations, pricing, and availability, which is often obtained through partnerships with airlines, hotels, and other travel providers.

The primary outputs of NACE code 79 businesses are travel-related services, such as package tours, individual travel bookings, and reservation services. These outputs are consumed by a wide range of other NACE codes, including 49 Land transport and transport via pipelines, 50 Water transport, 51 Air transport, 55 Accommodation, and 56 Food and beverage service activities. By connecting travelers with these various products and services, NACE code 79 businesses play a crucial role in supporting the broader tourism and hospitality industries.