Forward looking monthly summary of the latest economic, consumer and travel indicators, trends and analysis. This monthly member-only communication features the Travel Recovery 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 Travel Recovery 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 October Highlights:

  • Travel spending improved to 9% below 2019 levels in September, after falling for the first time since January in August
  • As travel demand softened somewhat after the summer travel season, travel prices declined from a high of 6% above 2019 levels in July to 4.4% in September—even as motor fuel prices remain high
  • Hotel booking windows are starting to extend somewhat in October—bookings greater than one month out are now just 3% below 2019 levels and bookings within one week are 6% above
  • Two-thirds of business travel suppliers and planners reported their companies allow non-essential domestic business travel, up from 61% in September
  • Overseas travel to the U.S. weakened last month, from -76% in August to -79% in September (compared to Sept. 2019)

 

 

Additional monthly insights are available through the full U.S. Travel Monthly Travel Recovery Data Report, exclusive to members. Please inquire with membership if you are interested in learning about becoming a member of U.S. Travel Association.