travel trends index
Travel Trends Index: Int’l Inbound Travel to Plummet 6% Over Next Three Months
U.S. Travel Association | March 4, 2020
March 04, 2020 - WASHINGTON -- The Leading Travel Index (LTI), the predictive component of the U.S. Travel Association's Travel Trends Index (TTI), projects international inbound travel to the U.S. will fall 6.0% over the next three months as the coronavirus outbreak continues to roil the global economy. The latest TTI captures data from January, when awareness of coronavirus began to ramp up and China—one of the biggest travel markets to the U.S.—implemented aggressive measures to curb travel out of certain cities. The predicted 6.0% three-month drop compared to the same period in 2019 is the sharpest in the five-year history of th...
Travel Trends Index: International Inbound Travel Tumbles for Fourth Month This Year
U.S. Travel Association | September 4, 2019
Business travel rebounds to help sustain healthy growth of domestic market Washington — Travel to and within the U.S. grew 3.2% year-over-year in July, according to the U.S. Travel Association’s latest Travel Trends Index (TTI)—a slight rebound from June’s nine-month low. International inbound travel contracted once again in July, falling by 1.2%. The decline follows a disappointing June performance which saw the sector’s six-month trend fall below zero for the first time since September 2015. The Leading Travel Index (LTI), the predictive component of the TTI, projects international inbound travel growth will re...
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...