U.S. Travel Forecast
U.S. Travel Association Forecast Shows Normalizing of Leisure Travel Demand from Post-Pandemic Surge
Domestic business travel growth moderates, intl inbound travel accelerates
Domestic business travel growth moderates, intl inbound travel accelerates
Nearly 5,000 attendees from more than 60 countries gathered in San Antonio, Texas, May 20-24 for the 54th annual IPW - the travel industry's premier international marketplace and the largest generator of inbound travel to the United States.
'The drop-off in leisure and hospitality hiring reported today is a concern as our industry prepares for the busy summer season and the need to fill 1.5 million open jobs in this sector.'
'Journey to Clean' highlights travels best practices, commitments
New data released by the U.S. Department of Commerce reveals the countrys travel trade surplus slipped to just $4 billion in 2022down from an all-time high of $85.9 billion less than a decade ago, underscoring the urgent need to rebuild inbound travel and regain its associated economic benefits.
Just over half of all Americans (52%) are planning to travel for leisure purposes in the next 6 months. A similar share of Americans (59%) report traveling for leisure purposes in 2022.
Former National Retail Federation, Consumer Brands Association Executive Brings Proven Track Record of Success
'Todays jobs report - in which 25% of all new jobs were added in the leisure and hospitality sectoris further evidence that travel is essential to the U.S. economy'
Reveals new survey of Americans opinions, concerns with air travel system.
After two years of smaller celebrations and canceled trips, Americans are looking forward to a more normal holiday season this year. Holiday travel demand is expected to exceed last years demand. Nearly six in 10 Americans (59%) plan to travel for the upcoming holiday season, with a third traveling more than last year.