Monthly member-exclusive summary of the latest economic, consumer and travel indicators, trends and analysis featuring key highlights from the Recovery and Growth Insights Dashboard.
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.
The latest forecast projects that domestic leisure travel, which has surpassed pre-pandemic levels, will remain resilient while domestic business travel will continue its slow but steady recovery. International inbound travel will remain sluggish as it continues to face headwinds, with a full recovery not expected prior to 2025.
