Forward looking monthly summary of the latest economic, consumer and travel indicators, trends and analysis. This monthly member-only communication features the Recovery and Growth Insights Dashboard as well as the latest data and trends affecting travel’s recovery. Analysis of the broader economy and its impact on travel will provide unique insights to help travel businesses make informed and timely decisions.
The Recovery and Growth Insights Dashboard developed in collaboration with Tourism Economics, is supported by more than a 20 data sources. The dashboard is the most comprehensive and centralized source for high-frequency intelligence on the U.S. travel industry, tracking industry performance, travel volumes and predictive indicators of recovery including air and lodging forecasts, DMO website traffic, convention and group trends, travel spending and losses, traveler sentiment, among others to measure the health of the industry.
Key March Highlights:
- Travel spending totaled $93 billion in February—5% above 2019 levels and 9% above 2022 levels.
- Leisure travel demand does not appear to be abating with America’s excitement to travel at record highs and more than half (55%) planning to prioritize leisure travel spending.
- Overseas visitations were 31% below 2019 levels in February, an improvement from 33% in January, but still far behind.
- Travel from Mexico slipped from -30% in November to -37% in December (latest available), while travel from Canada reached a new high of 15% above pre-pandemic levels in January 2023 (latest available).
