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 June Highlights:
- The COVID-19 pandemic has resulted in $645 billion in cumulative losses for the U.S. travel economy through May 2021
- A new record high -- more than two-thirds of American adults are now comfortable returning to their normal routine and 62% feel comfortable taking a vacation
- More than 47 million Americans plan to travel over the July 4th holiday – the second highest Independence Day travel volume on record and only slightly trailing 2019 levels
- Business travel sentiment continues to improve, as 55% of U.S. companies that are not currently traveling plan to resume domestic business travel within the next three months
- May 2021 overseas arrivals were 81% below May 2019 levels, an improvement from April’s -87% -- driven mostly from inbound travel from Latin America, visitations from other 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.