travel trends index

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travel trends index

Travel Trends Index: Travel Posts Worst Overall Performance in Nine Months

U.S. Travel Association | August 6, 2019

Leisure travel growth offset by flat business segment and contraction in int'l inbound travel WASHINGTON -- August 6, 2019 -- Travel to and within the U.S. grew 2.4% year-over-year in June, according to the U.S. Travel Association's latest Travel Trends Index (TTI)—travel's worst performance since September 2018. Most concerning is the 0.8% contraction of international inbound travel, which brought the sector's six-month trend below zero for the first time since September 2015. This drop in international inbound travel follows Friday's news that travel employment tumbled in July, losing 2,500 jobs despite the relative strength of th...

Travel Trends Index: Steady April Growth, But International Outlook Alarms

U.S. Travel Association | June 5, 2019

ANAHEIM, CA (June 4, 2019) — Overall travel to and within the U.S. grew 3.0% in April, including an expected 5.6% recovery surge in year-over-year international travel due to the timing of the Easter holiday. But the predictive Leading Travel Index—which has proven to be an accurate forecast of official U.S. government arrivals data—warns that the one-month international figure is a flash in the pan, and growth of the inbound market will slow to an anemic 0.8% through October. The data fuels worries that the U.S. continues to miss out on robust growth of the lucrative and competitive global travel market. Long-haul arr...

Travel Trends Index: International Inbound Travel Tumbles While Domestic Leisure Travel Remains Strong

U.S. Travel Association | May 9, 2019

WASHINGTON (May 9, 2019) — Travel to and within the U.S. grew 2.0% year-over-year in March, according to the U.S. Travel Association's latest Travel Trends Index (TTI)—marking the industry's 111th straight month of overall expansion. However, this growth was dampened by the news that international inbound travel fell a whopping 5.4% year-over-year in March—after edging down just 0.2% in February. The sharp decline in international inbound travel in March was likely due to the timing of Easter, which fell on April 1 last year and April 21 this year; the holiday has historically been a peak travel time for visito...

Travel Trends Index: International, Domestic Travel Growth Projected to Dwindle

April 3, 2019

WASHINGTON (April 3, 2019)— Travel to and within the U.S. grew 3.2% year-over-year in February, according to the U.S. Travel Association's latest Travel Trends Index (TTI). However, the predictive Leading Travel Index (LTI) continues to project a slowdown in both international and domestic travel growth, as both segments could continue to feel the effects of rising trade tensions, volatile financial markets and weakening business and consumer confidence. These factors have the potential to stunt travel growth and dull American competitiveness at a time when the U.S. is seeking to reverse its declining share of the global inter...

Travel Trends Index: Domestic and International Travel Weather the Shutdown Turbulence

U.S. Travel Association | March 5, 2019

WASHINGTON (March 5, 2019)—Travel to and within the U.S. grew 3.2 percent year-over-year in January, according to the U.S. Travel Association's latest Travel Trends Index (TTI)—marking the industry's 109th straight month of overall expansion. But the predictive portions of the TTI continue to forecast a slowdown, as weakening global economic growth, trade tensions, and fading consumer and business confidence take hold in coming months. That could be problematic as the U.S. works to halt an erosion in its share of the competitive international travel market. Despite the 35-day partial federal government shutdown's...

Travel Trends Index: Domestic Biz Travel Projected to Surge, Int’l Inbound Travel Falters

U.S. Travel Association | February 5, 2019

WASHINGTON (February 5, 2019)—Travel to and within the U.S. grew 3.6 percent year-over-year in December, according to the U.S. Travel Association's latest Travel Trends Index (TTI)—marking the industry's 108th straight month of overall expansion. The growth trend is tempered by concerning signs in the lucrative international inbound market, however. That segment grew at a rate of 2.8 percent in December—well off November's hot pace of 3.8 percent growth year-over-year. Worse, the deceleration trend is expected to continue, with the Leading Travel Index (LTI) projecting international inbound travel to slow t...

Travel Trends Index: International Inbound Travel Growth Projected to Fizzle in First Half of 2019

U.S. Travel Association | January 8, 2019

WASHINGTON (January 8, 2019)—Travel to and within the U.S. grew 3.0 percent year-over-year in November, according to the U.S. Travel Association's latest Travel Trends Index (TTI)—marking the industry's 107th straight month of overall expansion. But the growth of both international and domestic travel are projected to decelerate in the first few months of 2019, owing to a number of worrying trends. Though international inbound travel grew 3.8 percent year-over-year in November—higher than the sluggish 2.4 percent figure for October—the Leading Travel Index (LTI) projects growth in that segment to slow to ...

Travel Trends Index: Domestic Market Softens; Storm Clouds Gather for International

U.S. Travel Association | November 6, 2018

WASHINGTON (November 6, 2018)— Travel to and within the U.S. grew 1.6 percent year-over-year in September, according to the U.S. Travel Association's latest Travel Trends Index (TTI)—marking the industry's 105th straight month of overall expansion. But U.S. Travel economists add several strong caveats to the overall positive trend. Growth in domestic travel is leveling off, for example. That segment had been strong in recent months, buoyed by robust consumer spending and consumer confidence reaching heights last seen in 2000. Business travel, which registered a faster rate of growth than leisure travel in August, app...

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