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 dozen 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 May Highlights:
- In April 2021, travel spending tallied $73.9 billion and reflected a drop of “only” 24% below April 2019 levels
- Now, nearly nine in 10 American travelers have plans to travel in the next six months – a new pandemic high
- Three quarters (74%) feel their employees are willing to travel for business in the current environment, up from 65% last month
- Overseas travel to the U.S. remained 87% below pre-pandemic levels in April, showing virtually no improvement in recent months
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.