Domestic Business Travel
New Forecast Predicts United States will Continue to Struggle for International Inbound, Domestic Business Travel
U.S. Travel Association | January 18, 2024
United States Trailing Global Competitors; National Leadership Increasingly Critical WASHINGTON (January 18, 2024)—The U.S. Travel Association today released its biannual forecast for travel to and within the United States through 2027, showing international inbound travel and domestic business travel will continue to remain below pre-pandemic levels in 2024. The forecast, prepared by Tourism Economics, was released just days after U.S. Travel revealed the findings of a global competitiveness report conducted by Euromonitor International. The report found the U.S. ranked 17th out of 18 top markets for travel due to decades of underinves...
New Travel Forecast Shows Normalizing of Leisure Travel Demand From Post-Pandemic Surge
U.S. Travel Association | June 15, 2023
WASHINGTON - The U.S. Travel Association released its biannual forecast for travel to and within the United States through 2026, showing a normalized rate of growth in the domestic leisure travel sector after months of elevated demand. “Robust domestic leisure travel demand has been the driving force in the overall industry’s post-pandemic comeback,” said U.S. Travel Association President and CEO Geoff Freeman. “Though the surge we experienced in the last year is starting to moderate, we expect this segment to remain resilient in coming quarters.” Domestic Leisure Travel Domestic leisure travel is expected to remain s...
U.S. Travel Forecast: All Sectors Projected to Surge in Short Term, but Headwinds Are on Horizon
U.S. Travel Association | June 22, 2022
WASHINGTON (June 22, 2022)—Days after the United States repealed its Covid-19 testing requirement for inbound air travelers, U.S. Travel Association released its full biannual forecast for travel through 2026—including both travel spending and volume—which projects that all segments of travel, in spite of rising inflation, will surge in the short term due to pent-up demand and consumer savings. However, this is not expected to last, leading to slower growth in the later years of the forecast. The international component of the forecast was released earlier this month at the association’s IPW trade show. U.S. Travel estimates th...
Companies Make Summer Plans to Resume Domestic Business Travel
The Global Business Travel Association | June 17, 2021
Alexandria, VA – June 17, 2021 – The Global Business Travel Association (GBTA), the world’s largest business travel association and worldwide leader in education, research, networking and advocacy for the industry – today released the findings from its 20th COVID-19 poll assessing how GBTA members are managing the return to business travel, post pandemic. The first poll of this summer revealed a continuation of the positive momentum reported last month, as companies implement or finalize plans to resume domestic business travel. Two-fifths (40%) of respondents say their company’s plan to resume non-essential domestic business...
