Close

Cart

Total $0.00

Checkout

In a new twist, domestic leisure lags domestic business

WASHINGTON (November 1, 2016)—Recent interest among international travelers in the U.S. as a destination seems to have materialized into actual trips, according to the U.S. Travel Association's latest Travel Trends Index (TTI).

International inbound travel growth remained positive throughout the third quarter, though it is expected to weaken slightly in the coming months. In the next six months, domestic leisure will remain the primary driver of U.S. travel.

"The American travel economy has thus far successfully weathered Zika, Brexit, a volatile presidential campaign and a powerhouse U.S. dollar," said U.S. Travel Association President and CEO Roger Dow. "Since 9/11, this industry has repeatedly proven itself to be one of our economy's sturdiest performers in terms of its ability to grow and create jobs in the face of challenges."

Meanwhile, domestic business travel in September outpaced domestic leisure travel for the first time in over a year. U.S. Travel analysts posit that domestic business travel's sudden burst of energy was likely due in part to the shift of the Jewish holidays (Rosh Hashanah and Yom Kippur) to October. TTI indicators show that this will probably remain only marginally positive through year-end.

The slow September growth for domestic leisure travel—long the leading performer among travel segments—portends an overall weakening in travel growth for the next few months. Despite its current sluggishness and lag behind domestic business travel, domestic leisure will likely lead the U.S. travel market into the first quarter of 2017.

In the full TTI report, the 3- and 6-month LTI readings of 50.8 and 50.7, respectively, indicate that U.S. travel volume is expected to grow at a year-over-year rate of around 1.5 percent through March 2017.

The TTI consists of the Current Travel Index (CTI), which measures the number of person-trips involving hotel stays and/or flights each month, and the Leading Travel Index (LTI), which measures the likely average pace and direction of business and leisure travel, both domestic and international inbound. It assigns a numeric score to every travel segment it examines—domestic and international, leisure and business—in current, 3-month and 6-month predictive indicators. As with many indices similarly measuring industry performance, a score above 50 indicates growth, and a score below 50 indicates contraction.


 

The U.S. Travel Association developed the TTI in partnership with Oxford Economics, and draws from multiple data sources to develop these monthly readings. In order to compile both the CTI and LTI readings, the organization's research team utilizes multiple unique non-personally identifiable data sets, including:

  • Advance search and bookings data from ADARA and nSight;
  • Passenger enplanement data from Airlines for America (A4A);
  • Airline bookings data from the Airlines Reporting Corporation (ARC); and
  • Hotel room demand data from STR.
     

Learn more about the Travel Trends Index.

Click here to read the full report.

About U.S. Travel Association

The U.S. Travel Association is the national, non-profit organization representing all components of the travel industry that generates $2.1 trillion in economic output and supports 15 million jobs. U.S. Travel's mission is to increase travel to and within the United States.
Visit www.ustravel.org.

Contact: Cathy Keefe

ckeefe@ustravel.org / 202.408.2183

Contact: Jamie Morris

jmorris@ustravel.org / 202.218.3621

Related News

Travel Trends Index: Domestic Leisure Travel Withstands Harvey and Irma

As Business Centers Remain Required - Space Savings Technologies Provide Innovative Solutions

Travel Trends Index: Slight Uptick Across All Travel Segments

U.S. Travel Statement on New Travel Restrictions

Portions of Travel Trends Index Revised Sharply Downward on New Data

U.S. Travel Association Presents Florida Governor Rick Scott with Distinguished Leadership Award for Commitment to Travel and Tourism

Louisiana's Kyle Edmiston Wins 2017 State Tourism Director of the Year

Workers Who Start in Travel and Tourism Achieve Higher Peak Salary Than Most Industries

Marriott's Arne Sorenson and STR's Randy Smith to Be Inducted into U.S. Travel Hall of Leaders

The Business Center of the Future is Here!

Travel Trends Index: Int'l Travel to U.S. Continues Strong Showing Post-Executive Order

Looking for Another BUSINESS CENTER Solution? Discover Why the Industry Shift Is ON and Why It's to TTI

U.S. Travel Trends Index: International Travel Post-Executive Order Stronger Than Expected

U.S. Travel Industry Rallies Behind Brand USA

Travel Trends Index: International Inbound Travel Shows Signs of Weakness

TTI Technologies Reports It's Time to Upgrade and Eliminate Costs With Your Business Center. You and Your Guests Deserve Better.

Wyndham Hotel Group’s Geoff Ballotti Named U.S. Travel National Chair

Travel Trends Index: International Travel Unexpectedly Strong to Start 2017

U.S. Travel Reacts to Trump's Joint Session Address

International Travel to U.S. Finally Returns to Pre-9/11 Levels

All News »

Please login or register to post a comment.