Global Travel Services Market Growth (Status and Outlook) 2024-2030

Product Code: 789331

Industry: Service & Software

Published: Jan 02,2024

Pages: 73

Delivery Time: 2-3 business days

Global Travel Services Market Growth (Status and Outlook) 2024-2030

Product Code: 789331

Industry: Service & Software

Published: Jan 02,2024

Pages: 73

Delivery Time: 2-3 business days

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Description

According to our LPI (LP Information) latest study, the global Travel Services market size was valued at US$ million in 2023. With growing demand in downstream market, the Travel Services is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period.

The research report highlights the growth potential of the global Travel Services market.  Travel Services are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Travel Services. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Travel Services market.

The travel service industry consists of companies whose primary goal is to market travel services by providing the services of booking and arranging travel tours and accommodations to general and commercial clients.

In 2022, the gradual relaxation of epidemic prevention and control measures around the world will have a positive impact on the rapid recovery of the tourism industry. According to data from the World Tourism Organization, the number of global travelers exceeded 900 million in 2022, a two-fold increase compared to 2021. In 2022, international tourism revenue returned to the US$ 1 trillion, a real increase of 50% compared with 2021. According to data from the Ministry of Culture and Tourism of China, in 2022, the total number of domestic tourists was ¥ 2.53 billion, and the domestic tourism revenue (total tourism consumption) was ¥ 2 trillion.

Key Features:
The report on Travel Services market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Travel Services market. It may include historical data, market segmentation by Type (e.g., Tour Packages, Flight Bookings), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Travel Services market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Travel Services market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Travel Services industry. This include advancements in Travel Services technology, Travel Services new entrants, Travel Services new investment, and other innovations that are shaping the future of Travel Services.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Travel Services market. It includes factors influencing customer ' purchasing decisions, preferences for Travel Services product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Travel Services market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Travel Services market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Travel Services market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Travel Services industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Travel Services market.

Market Segmentation:
Travel Services market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Segmentation by type
Tour Packages
Flight Bookings
Hotel Booking Services
Cruise Bookings
Rail Bookings
Car Rental Services
Others

Segmentation by application
Corporations
Individual Travelers

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Asia World Enterprise
Carlson Wagonlit Travel
Central America Travel Services
Regency Travel & Tours

Table Of Contents

1 Scope of the Report
    1.1 Market Introduction
    1.2 Years Considered
    1.3 Research Objectives
    1.4 Market Research Methodology
    1.5 Research Process and Data Source
    1.6 Economic Indicators
    1.7 Currency Considered
    1.8 Market Estimation Caveats

2 Executive Summary
    2.1 World Market Overview
        2.1.1 Global Travel Services Market Size 2019-2030
        2.1.2 Travel Services Market Size CAGR by Region 2019 VS 2023 VS 2030
    2.2 Travel Services Segment by Type
        2.2.1 Tour Packages
        2.2.2 Flight Bookings
        2.2.3 Hotel Booking Services
        2.2.4 Cruise Bookings
        2.2.5 Rail Bookings
        2.2.6 Car Rental Services
        2.2.7 Others
    2.3 Travel Services Market Size by Type
        2.3.1 Travel Services Market Size CAGR by Type (2019 VS 2023 VS 2030)
        2.3.2 Global Travel Services Market Size Market Share by Type (2019-2024)
    2.4 Travel Services Segment by Application
        2.4.1 Corporations
        2.4.2 Individual Travelers
    2.5 Travel Services Market Size by Application
        2.5.1 Travel Services Market Size CAGR by Application (2019 VS 2023 VS 2030)
        2.5.2 Global Travel Services Market Size Market Share by Application (2019-2024)

3 Travel Services Market Size by Player
    3.1 Travel Services Market Size Market Share by Players
        3.1.1 Global Travel Services Revenue by Players (2019-2024)
        3.1.2 Global Travel Services Revenue Market Share by Players (2019-2024)
    3.2 Global Travel Services Key Players Head office and Products Offered
    3.3 Market Concentration Rate Analysis
        3.3.1 Competition Landscape Analysis
        3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
    3.4 New Products and Potential Entrants
    3.5 Mergers & Acquisitions, Expansion

4 Travel Services by Regions
    4.1 Travel Services Market Size by Regions (2019-2024)
    4.2 Americas Travel Services Market Size Growth (2019-2024)
    4.3 APAC Travel Services Market Size Growth (2019-2024)
    4.4 Europe Travel Services Market Size Growth (2019-2024)
    4.5 Middle East & Africa Travel Services Market Size Growth (2019-2024)

5 Americas
    5.1 Americas Travel Services Market Size by Country (2019-2024)
    5.2 Americas Travel Services Market Size by Type (2019-2024)
    5.3 Americas Travel Services Market Size by Application (2019-2024)
    5.4 United States
    5.5 Canada
    5.6 Mexico
    5.7 Brazil

6 APAC
    6.1 APAC Travel Services Market Size by Region (2019-2024)
    6.2 APAC Travel Services Market Size by Type (2019-2024)
    6.3 APAC Travel Services Market Size by Application (2019-2024)
    6.4 China
    6.5 Japan
    6.6 Korea
    6.7 Southeast Asia
    6.8 India
    6.9 Australia

7 Europe
    7.1 Europe Travel Services by Country (2019-2024)
    7.2 Europe Travel Services Market Size by Type (2019-2024)
    7.3 Europe Travel Services Market Size by Application (2019-2024)
    7.4 Germany
    7.5 France
    7.6 UK
    7.7 Italy
    7.8 Russia

8 Middle East & Africa
    8.1 Middle East & Africa Travel Services by Region (2019-2024)
    8.2 Middle East & Africa Travel Services Market Size by Type (2019-2024)
    8.3 Middle East & Africa Travel Services Market Size by Application (2019-2024)
    8.4 Egypt
    8.5 South Africa
    8.6 Israel
    8.7 Turkey
    8.8 GCC Countries

9 Market Drivers, Challenges and Trends
    9.1 Market Drivers & Growth Opportunities
    9.2 Market Challenges & Risks
    9.3 Industry Trends

10 Global Travel Services Market Forecast
    10.1 Global Travel Services Forecast by Regions (2025-2030)
        10.1.1 Global Travel Services Forecast by Regions (2025-2030)
        10.1.2 Americas Travel Services Forecast
        10.1.3 APAC Travel Services Forecast
        10.1.4 Europe Travel Services Forecast
        10.1.5 Middle East & Africa Travel Services Forecast
    10.2 Americas Travel Services Forecast by Country (2025-2030)
        10.2.1 United States Travel Services Market Forecast
        10.2.2 Canada Travel Services Market Forecast
        10.2.3 Mexico Travel Services Market Forecast
        10.2.4 Brazil Travel Services Market Forecast
    10.3 APAC Travel Services Forecast by Region (2025-2030)
        10.3.1 China Travel Services Market Forecast
        10.3.2 Japan Travel Services Market Forecast
        10.3.3 Korea Travel Services Market Forecast
        10.3.4 Southeast Asia Travel Services Market Forecast
        10.3.5 India Travel Services Market Forecast
        10.3.6 Australia Travel Services Market Forecast
    10.4 Europe Travel Services Forecast by Country (2025-2030)
        10.4.1 Germany Travel Services Market Forecast
        10.4.2 France Travel Services Market Forecast
        10.4.3 UK Travel Services Market Forecast
        10.4.4 Italy Travel Services Market Forecast
        10.4.5 Russia Travel Services Market Forecast
    10.5 Middle East & Africa Travel Services Forecast by Region (2025-2030)
        10.5.1 Egypt Travel Services Market Forecast
        10.5.2 South Africa Travel Services Market Forecast
        10.5.3 Israel Travel Services Market Forecast
        10.5.4 Turkey Travel Services Market Forecast
        10.5.5 GCC Countries Travel Services Market Forecast
    10.6 Global Travel Services Forecast by Type (2025-2030)
    10.7 Global Travel Services Forecast by Application (2025-2030)

11 Key Players Analysis
    11.1 Asia World Enterprise
        11.1.1 Asia World Enterprise Company Information
        11.1.2 Asia World Enterprise Travel Services Product Offered
        11.1.3 Asia World Enterprise Travel Services Revenue, Gross Margin and Market Share (2019-2024)
        11.1.4 Asia World Enterprise Main Business Overview
        11.1.5 Asia World Enterprise Latest Developments
    11.2 Carlson Wagonlit Travel
        11.2.1 Carlson Wagonlit Travel Company Information
        11.2.2 Carlson Wagonlit Travel Travel Services Product Offered
        11.2.3 Carlson Wagonlit Travel Travel Services Revenue, Gross Margin and Market Share (2019-2024)
        11.2.4 Carlson Wagonlit Travel Main Business Overview
        11.2.5 Carlson Wagonlit Travel Latest Developments
    11.3 Central America Travel Services
        11.3.1 Central America Travel Services Company Information
        11.3.2 Central America Travel Services Travel Services Product Offered
        11.3.3 Central America Travel Services Travel Services Revenue, Gross Margin and Market Share (2019-2024)
        11.3.4 Central America Travel Services Main Business Overview
        11.3.5 Central America Travel Services Latest Developments
    11.4 Regency Travel & Tours
        11.4.1 Regency Travel & Tours Company Information
        11.4.2 Regency Travel & Tours Travel Services Product Offered
        11.4.3 Regency Travel & Tours Travel Services Revenue, Gross Margin and Market Share (2019-2024)
        11.4.4 Regency Travel & Tours Main Business Overview
        11.4.5 Regency Travel & Tours Latest Developments

12 Research Findings and Conclusion

List Of Tables

List of Tables
    Table 1. Travel Services Market Size CAGR by Region (2019 VS 2023 VS 2030) & ($ Millions)
    Table 2. Major Players of Tour Packages
    Table 3. Major Players of Flight Bookings
    Table 4. Major Players of Hotel Booking Services
    Table 5. Major Players of Cruise Bookings
    Table 6. Major Players of Rail Bookings
    Table 7. Major Players of Car Rental Services
    Table 8. Major Players of Others
    Table 9. Travel Services Market Size CAGR by Type (2019 VS 2023 VS 2030) & ($ Millions)
    Table 10. Global Travel Services Market Size by Type (2019-2024) & ($ Millions)
    Table 11. Global Travel Services Market Size Market Share by Type (2019-2024)
    Table 12. Travel Services Market Size CAGR by Application (2019 VS 2023 VS 2030) & ($ Millions)
    Table 13. Global Travel Services Market Size by Application (2019-2024) & ($ Millions)
    Table 14. Global Travel Services Market Size Market Share by Application (2019-2024)
    Table 15. Global Travel Services Revenue by Players (2019-2024) & ($ Millions)
    Table 16. Global Travel Services Revenue Market Share by Player (2019-2024)
    Table 17. Travel Services Key Players Head office and Products Offered
    Table 18. Travel Services Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
    Table 19. New Products and Potential Entrants
    Table 20. Mergers & Acquisitions, Expansion
    Table 21. Global Travel Services Market Size by Regions 2019-2024 & ($ Millions)
    Table 22. Global Travel Services Market Size Market Share by Regions (2019-2024)
    Table 23. Global Travel Services Revenue by Country/Region (2019-2024) & ($ millions)
    Table 24. Global Travel Services Revenue Market Share by Country/Region (2019-2024)
    Table 25. Americas Travel Services Market Size by Country (2019-2024) & ($ Millions)
    Table 26. Americas Travel Services Market Size Market Share by Country (2019-2024)
    Table 27. Americas Travel Services Market Size by Type (2019-2024) & ($ Millions)
    Table 28. Americas Travel Services Market Size Market Share by Type (2019-2024)
    Table 29. Americas Travel Services Market Size by Application (2019-2024) & ($ Millions)
    Table 30. Americas Travel Services Market Size Market Share by Application (2019-2024)
    Table 31. APAC Travel Services Market Size by Region (2019-2024) & ($ Millions)
    Table 32. APAC Travel Services Market Size Market Share by Region (2019-2024)
    Table 33. APAC Travel Services Market Size by Type (2019-2024) & ($ Millions)
    Table 34. APAC Travel Services Market Size Market Share by Type (2019-2024)
    Table 35. APAC Travel Services Market Size by Application (2019-2024) & ($ Millions)
    Table 36. APAC Travel Services Market Size Market Share by Application (2019-2024)
    Table 37. Europe Travel Services Market Size by Country (2019-2024) & ($ Millions)
    Table 38. Europe Travel Services Market Size Market Share by Country (2019-2024)
    Table 39. Europe Travel Services Market Size by Type (2019-2024) & ($ Millions)
    Table 40. Europe Travel Services Market Size Market Share by Type (2019-2024)
    Table 41. Europe Travel Services Market Size by Application (2019-2024) & ($ Millions)
    Table 42. Europe Travel Services Market Size Market Share by Application (2019-2024)
    Table 43. Middle East & Africa Travel Services Market Size by Region (2019-2024) & ($ Millions)
    Table 44. Middle East & Africa Travel Services Market Size Market Share by Region (2019-2024)
    Table 45. Middle East & Africa Travel Services Market Size by Type (2019-2024) & ($ Millions)
    Table 46. Middle East & Africa Travel Services Market Size Market Share by Type (2019-2024)
    Table 47. Middle East & Africa Travel Services Market Size by Application (2019-2024) & ($ Millions)
    Table 48. Middle East & Africa Travel Services Market Size Market Share by Application (2019-2024)
    Table 49. Key Market Drivers & Growth Opportunities of Travel Services
    Table 50. Key Market Challenges & Risks of Travel Services
    Table 51. Key Industry Trends of Travel Services
    Table 52. Global Travel Services Market Size Forecast by Regions (2025-2030) & ($ Millions)
    Table 53. Global Travel Services Market Size Market Share Forecast by Regions (2025-2030)
    Table 54. Global Travel Services Market Size Forecast by Type (2025-2030) & ($ Millions)
    Table 55. Global Travel Services Market Size Forecast by Application (2025-2030) & ($ Millions)
    Table 56. Asia World Enterprise Details, Company Type, Travel Services Area Served and Its Competitors
    Table 57. Asia World Enterprise Travel Services Product Offered
    Table 58. Asia World Enterprise Travel Services Revenue ($ million), Gross Margin and Market Share (2019-2024)
    Table 59. Asia World Enterprise Main Business
    Table 60. Asia World Enterprise Latest Developments
    Table 61. Carlson Wagonlit Travel Details, Company Type, Travel Services Area Served and Its Competitors
    Table 62. Carlson Wagonlit Travel Travel Services Product Offered
    Table 63. Carlson Wagonlit Travel Main Business
    Table 64. Carlson Wagonlit Travel Travel Services Revenue ($ million), Gross Margin and Market Share (2019-2024)
    Table 65. Carlson Wagonlit Travel Latest Developments
    Table 66. Central America Travel Services Details, Company Type, Travel Services Area Served and Its Competitors
    Table 67. Central America Travel Services Travel Services Product Offered
    Table 68. Central America Travel Services Main Business
    Table 69. Central America Travel Services Travel Services Revenue ($ million), Gross Margin and Market Share (2019-2024)
    Table 70. Central America Travel Services Latest Developments
    Table 71. Regency Travel & Tours Details, Company Type, Travel Services Area Served and Its Competitors
    Table 72. Regency Travel & Tours Travel Services Product Offered
    Table 73. Regency Travel & Tours Main Business
    Table 74. Regency Travel & Tours Travel Services Revenue ($ million), Gross Margin and Market Share (2019-2024)
    Table 75. Regency Travel & Tours Latest Developments
List of Figures
    Figure 1. Travel Services Report Years Considered
    Figure 2. Research Objectives
    Figure 3. Research Methodology
    Figure 4. Research Process and Data Source
    Figure 5. Global Travel Services Market Size Growth Rate 2019-2030 ($ Millions)
    Figure 6. Travel Services Sales by Geographic Region (2019, 2023 & 2030) & ($ millions)
    Figure 7. Travel Services Sales Market Share by Country/Region (2023)
    Figure 8. Travel Services Sales Market Share by Country/Region (2019, 2023 & 2030)
    Figure 9. Global Travel Services Market Size Market Share by Type in 2023
    Figure 10. Travel Services in Corporations
    Figure 11. Global Travel Services Market: Corporations (2019-2024) & ($ Millions)
    Figure 12. Travel Services in Individual Travelers
    Figure 13. Global Travel Services Market: Individual Travelers (2019-2024) & ($ Millions)
    Figure 14. Global Travel Services Market Size Market Share by Application in 2023
    Figure 15. Global Travel Services Revenue Market Share by Player in 2023
    Figure 16. Global Travel Services Market Size Market Share by Regions (2019-2024)
    Figure 17. Americas Travel Services Market Size 2019-2024 ($ Millions)
    Figure 18. APAC Travel Services Market Size 2019-2024 ($ Millions)
    Figure 19. Europe Travel Services Market Size 2019-2024 ($ Millions)
    Figure 20. Middle East & Africa Travel Services Market Size 2019-2024 ($ Millions)
    Figure 21. Americas Travel Services Value Market Share by Country in 2023
    Figure 22. United States Travel Services Market Size Growth 2019-2024 ($ Millions)
    Figure 23. Canada Travel Services Market Size Growth 2019-2024 ($ Millions)
    Figure 24. Mexico Travel Services Market Size Growth 2019-2024 ($ Millions)
    Figure 25. Brazil Travel Services Market Size Growth 2019-2024 ($ Millions)
    Figure 26. APAC Travel Services Market Size Market Share by Region in 2023
    Figure 27. APAC Travel Services Market Size Market Share by Type in 2023
    Figure 28. APAC Travel Services Market Size Market Share by Application in 2023
    Figure 29. China Travel Services Market Size Growth 2019-2024 ($ Millions)
    Figure 30. Japan Travel Services Market Size Growth 2019-2024 ($ Millions)
    Figure 31. Korea Travel Services Market Size Growth 2019-2024 ($ Millions)
    Figure 32. Southeast Asia Travel Services Market Size Growth 2019-2024 ($ Millions)
    Figure 33. India Travel Services Market Size Growth 2019-2024 ($ Millions)
    Figure 34. Australia Travel Services Market Size Growth 2019-2024 ($ Millions)
    Figure 35. Europe Travel Services Market Size Market Share by Country in 2023
    Figure 36. Europe Travel Services Market Size Market Share by Type (2019-2024)
    Figure 37. Europe Travel Services Market Size Market Share by Application (2019-2024)
    Figure 38. Germany Travel Services Market Size Growth 2019-2024 ($ Millions)
    Figure 39. France Travel Services Market Size Growth 2019-2024 ($ Millions)
    Figure 40. UK Travel Services Market Size Growth 2019-2024 ($ Millions)
    Figure 41. Italy Travel Services Market Size Growth 2019-2024 ($ Millions)
    Figure 42. Russia Travel Services Market Size Growth 2019-2024 ($ Millions)
    Figure 43. Middle East & Africa Travel Services Market Size Market Share by Region (2019-2024)
    Figure 44. Middle East & Africa Travel Services Market Size Market Share by Type (2019-2024)
    Figure 45. Middle East & Africa Travel Services Market Size Market Share by Application (2019-2024)
    Figure 46. Egypt Travel Services Market Size Growth 2019-2024 ($ Millions)
    Figure 47. South Africa Travel Services Market Size Growth 2019-2024 ($ Millions)
    Figure 48. Israel Travel Services Market Size Growth 2019-2024 ($ Millions)
    Figure 49. Turkey Travel Services Market Size Growth 2019-2024 ($ Millions)
    Figure 50. GCC Country Travel Services Market Size Growth 2019-2024 ($ Millions)
    Figure 51. Americas Travel Services Market Size 2025-2030 ($ Millions)
    Figure 52. APAC Travel Services Market Size 2025-2030 ($ Millions)
    Figure 53. Europe Travel Services Market Size 2025-2030 ($ Millions)
    Figure 54. Middle East & Africa Travel Services Market Size 2025-2030 ($ Millions)
    Figure 55. United States Travel Services Market Size 2025-2030 ($ Millions)
    Figure 56. Canada Travel Services Market Size 2025-2030 ($ Millions)
    Figure 57. Mexico Travel Services Market Size 2025-2030 ($ Millions)
    Figure 58. Brazil Travel Services Market Size 2025-2030 ($ Millions)
    Figure 59. China Travel Services Market Size 2025-2030 ($ Millions)
    Figure 60. Japan Travel Services Market Size 2025-2030 ($ Millions)
    Figure 61. Korea Travel Services Market Size 2025-2030 ($ Millions)
    Figure 62. Southeast Asia Travel Services Market Size 2025-2030 ($ Millions)
    Figure 63. India Travel Services Market Size 2025-2030 ($ Millions)
    Figure 64. Australia Travel Services Market Size 2025-2030 ($ Millions)
    Figure 65. Germany Travel Services Market Size 2025-2030 ($ Millions)
    Figure 66. France Travel Services Market Size 2025-2030 ($ Millions)
    Figure 67. UK Travel Services Market Size 2025-2030 ($ Millions)
    Figure 68. Italy Travel Services Market Size 2025-2030 ($ Millions)
    Figure 69. Russia Travel Services Market Size 2025-2030 ($ Millions)
    Figure 70. Spain Travel Services Market Size 2025-2030 ($ Millions)
    Figure 71. Egypt Travel Services Market Size 2025-2030 ($ Millions)
    Figure 72. South Africa Travel Services Market Size 2025-2030 ($ Millions)
    Figure 73. Israel Travel Services Market Size 2025-2030 ($ Millions)
    Figure 74. Turkey Travel Services Market Size 2025-2030 ($ Millions)
    Figure 75. GCC Countries Travel Services Market Size 2025-2030 ($ Millions)
    Figure 76. Global Travel Services Market Size Market Share Forecast by Type (2025-2030)
    Figure 77. Global Travel Services Market Size Market Share Forecast by Application (2025-2030)

Companies Mentioned

Asia World Enterprise

Carlson Wagonlit Travel

Central America Travel Services

Regency Travel & Tours

Methodology

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

Data Sourse

Primary Source

Secondary Source

Players/Suppliers

Journals and Periodicals

Industry Experts

Government Bodies

Distributors/Traders

Annual Reports

Opinion Leaders

Presentations

Front-line Staff