U.S. Travel led successful advocacy efforts to aid the travel industry’s recovery throughout the COVID-19 pandemic.

COVID-19 had a devastating impact on the travel industry. The pandemic’s effect on global travel has cost the U.S. economy billions in lost spending, imperiled the livelihoods of millions of American workers and jeopardized travel businesses of all sizes.

U.S. Travel led successful advocacy efforts to develop and pass federal measures to aid the travel and tourism industry’s recovery, including funding to enable the resumption of marketing and promotion to leisure travelers.

On March 11, 2021 President Biden signed into law a massive $1.9 trillion COVID-19 economic relief bill called the American Rescue Plan Act (ARPA).

U.S. Travel successfully fought to secure billions of dollars in additional federal relief for all segments of the travel industry in the ARPA.

In addition, following passage of the ARPA, U.S. Travel endorsed the PPP Extension Act of 2021 and successfully lobbied Congress to enact the bill—providing hard-hit travel businesses and DMOs with additional access to this critical economic lifeline.

We worked with lawmakers to introduce and build support for the bipartisan Hospitality and Commerce Job Recovery Act of 2021 (HCJRA).

In addition, U.S. Travel led the development of the Pandemic Risk Insurance Act (H.R.5823), which would create a federal program to help stabilize pandemic risk coverage in business interruption and event cancellation insurance.

Most recently, U.S. Travel advocated for a number of key travel provisions in the $1.5 trillion omnibus spending bill, which includes the Restoring Brand USA Act to provide $250 million in relief funding to the nation’s destination marketing organization.

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U.S. Travel

For more information about this Issue, please contact us at:

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Research, News and Commentary on COVID-19

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OUTLOOK & MONTHLY STATISTICS

Travel Price Index

September 13, 2022

Developed by the U.S. Travel Association, the Travel Price Index (TPI) measures the one-month change in the cost of travel ("travel inflation") away from home in the United States on a seasonally adjusted basis and the 12-month change of the cost of travel away from home in the U.S. on a seasonally unadjusted basis. The TPI is released monthly and is directly comparable to the CPI.
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