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Latest Projection: Travel Spending in U.S. to Plunge by Nearly Half This Year

November 17, 2020

WASHINGTON (November 17, 2020)—Travel spending in the U.S. is expected to finish the year 45% down from 2019 levels, and will still not have returned to its pre-pandemic strength by 2024, according to the latest figures released by the U.S. Travel Association. The new 2020 projected travel spending figure of $617 billion is slightly worse than U.S. Travel’s previous forecast released in July ($622 billion)—and is a precipitous drop from the $1.13 trillion spent on travel in the U.S. overall in 2019. The nosedive reflects a decline of 34% in domestic leisure travel spending—but even sharper drop-offs in the lucrative domestic bus...

Travel Memory Deficit: Research Reveals What Brits Miss Most About Travel and How They Plan to Make Up for Lost Time

Hilton | November 10, 2020

Research conducted by Hilton shows that travel creates some of our most unforgettable, favourite memories, and right now people are feeling that loss more than ever. The survey revealed what Brits miss most about travelling, with the chance to create new memories topping the list of the most longed for experiences. Almost two thirds (64%) claim this is the part of travel they yearn for the most, with Generation Z feeling the most cheated of the chance to create new travel memories in 2020 (73%). With COVID-19 making international trips more challenging, almost three quarters (71%) of Brits said the pandemic had made them more appreciative ...

COVID-19 and Transforming Tourism

August 28, 2020

If tourism brings us together, then travel restrictions keep us apart. More importantly, restrictions on travel also prevent tourism from delivering on its potential to build a better future for all. This week the United Nations Secretary-General launched the Policy Brief “COVID-19 and Transforming Tourism”, which UNWTO assumed the lead role in producing. This landmark report makes clear what is at stake – the threat of losing tens of millions of direct tourism jobs, the loss of opportunities for those vulnerable populations and communities who stand to benefit most from tourism, and the real risk of losing vital resources for ...

Labor Day Weekend Will Be Longer, Last-Minute and Quieter This Year

Travelocity | August 25, 2020

DALLAS, Aug. 25, 2020 - After a summer travel season that saw travelers largely reserving trips last minute, close to home and with safety top of mind, Labor Day weekend – the last hurrah of summer – is looking like it, too, will feel a bit different this year. As Travelocity® reveals its travel predictions ahead of the end-of-summer holiday, demand, search and survey data shows this Labor Day will be longer, socially distant and all-important with many families venturing out for possibly the first time all summer. A Travelocity survey in May1 revealed that most families were postponing or planning their first leisure trip during C...

COVID-19 Causes Modest Shifts in 2020-21 School Break Calendars

STR | July 27, 2020

HENDERSONVILLE, Tennessee—While questions remain regarding the return of in-person learning in schools throughout the U.S., STR’s annual School Break Report shows only modest shifts in academic calendars for the upcoming year. The report summarizes vacation break dates in 2020-21 for a robust sample of U.S. public K-12 school districts, colleges and universities. As a result of COVID-19 shifts in previously approved calendars, STR implemented extra measures to ensure the accuracy of 2020-21 calendar data with additional information included regarding e-learning (remote) scheduling and other specialized data points. “Aside from the...

Early Effects of COVID-19 on Travelers and Their Motivations

STR | July 2, 2020

COVID-19 and the ensuing global economic crisis have caused dramatic changes for the travel industry that may take years to fully resolve. Over the past few months, STR has been releasing insights from research conducted during March and April 2020 about shifting consumer willingness to travel as COVID-19 spread. First we looked at how travelers from different markets reacted, then we assessed how travelers who used different accommodation types planned to adapt their travel plans. In this piece we look at the impact on future travel plans by respondents’ age and motivations for choosing destinations. As in both of our previ...

Savvy Travelers Booking 2020 Vacations, Travel Leaders Survey Finds

Travel Leaders Network | June 8, 2020

NEW YORK, June 8, 2020 - A Travel Leaders Network survey of nearly 2,700 frequent travelers found that half are starting to make finite plans for their next vacation or have already made plans, while the other half say they are dreaming of when they can travel again. Fifty percent of those surveyed said they plan to take their next vacation in 2020. "Traveling somewhere this year is on the agenda for many travel enthusiasts. These findings align with reports from our travel advisors who are seeing calls and bookings on the rise," said Roger Block, President of Travel Leaders Network. The surv...

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