travel index
Over Half of Large-Company CEOs Agree That Reducing Business Travel Will Lead to Long-Term Losses
U.S. Travel Association | June 29, 2022
Quarterly Business Travel Index shows positive Q3 outlook, but headwinds persist Federal policies to spur business travel recovery are on the table WASHINGTON (June 29, 2022)—Key findings from a new survey reveal over half of large-company executives agree that reducing business travel may represent short-term savings but will bring long-term negative impacts on revenue. The survey is part of the Quarterly Business Travel Tracker, launched in April in a collaboration between U.S. Travel Association, J.D. Power and Tourism Economics. Despite agreement that reducing business travel will be harmful to long-term sales, more than two-th...
Travel Trends Index: Strength of Domestic Leisure Travel Carries Weaker Business, International Inbound Travel
U.S. Travel Association | October 8, 2019
WASHINGTON (October 8, 2019) — Travel to and within the United States grew 3% year-over-year in August, according to the U.S. Travel Association's latest Travel Trends Index (TTI), marking the industry's 116th straight month of growth. The bright spot in the TTI was the strength of the domestic leisure travel segment, which expanded 4% while vacation intentions reached their highest level in 2019 thus far. However, forward-looking bookings and search data indicate there may be uncertainty on the horizon for the domestic segment: the Leading Travel Index (LTI), the TTI's predictive element, projects domestic travel growth will soften to j...
U.S. Citizen International Travel Increased 10 Percent in October 2016
NTTO | January 5, 2017
October 2016/2015 Comparisons (1) U.S. travel to overseas markets totaled 2.5 million, up four percent in October and seven percent for the year (29.6 million). Regional results for the month were as follows: Europe, 1,055,000 travelers, up eight percent Asia, 488,000 travelers, up 10 percent Caribbean, 452,000 travelers, down five percent Central America, 161,000 travelers, up two percent Middle East, 148,000 travelers, down four percent South America, 132,000 travelers, down five percent Oceania, 56,000 travelers, up 11 percent Africa, 25,000 travelers, flat U.S. travel to other North American markets totaled 3.5 million and...
Domestic Leisure Travel Loses Strength, Tempering Year-End Growth Prospects
U.S. Travel Association | September 6, 2016
WASHINGTON (September 6, 2016)—Domestic leisure travel—which has been powering overall travel growth on its own amid persistent softness in the business and international markets—has begun to show signs of its own slowdown, according to the U.S. Travel Association's latest Travel Trends Index (TTI). In July, domestic leisure travel grew at its slowest rate since December 2012. Though the domestic sector will continue to grow through the rest of 2016, it will do so at a much more anemic pace, as consumer confidence boosted by lower fuel prices begins to wane. Domestic business travel, which registered in positive te...