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 August Highlights:
- July travel spending tallied $98.5 billion and reflected a drop of just 6.5% below July 2019 levels, a significant improvement from earlier months
- As a result of increased uncertainty, upcoming travel plans have negatively been impacted for 35% of American travelers
- Willingness to travel for business is holding steady with more than three-quarters (77%) willing to travel in the current environment
- Overseas arrivals in July 2021 were 78% below July 2019 levels (a slight setback from June’s -77%)—driven mostly by inbound travel from Latin America, as visitations from other key markets remain stagnant
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.