Overall travel spending growth in September turned slightly negative (-0.7%) year-over-year—only the second time that has occurred in more than four years, reflecting continued economic uncertainty and cautious spending behavior. Although certain data is limited due to the government shutdown, the September data that is included remains equally reliable compared to previous months. Data shows continued stability for domestic air passengers at +0.5% year-over-year, and a -1.1% decline for hotels, consistent with 2025 Q3 trends. More significant declines have continued in group hotels, and short term rentals turned slightly negative in September as well.  

 

Additional data on overseas arrivals, the U.S. job market and consumer spending is unavailable. Preliminary data from StatsCan (not included on this dashboard) shows September inbound visits from Canada down 20% to 30% versus the prior year, consistent with trends from previous months. The delayed CPI report for September showed a monthly uptick in prices of travel goods, though the U.S. Travel TPI still shows lower price growth than for the economy overall.

 


U.S. Travel members have access to the exclusive U.S. Travel Insights Dashboard, the most comprehensive and centralized source for high-frequency intelligence on the U.S. travel industry and the broader economy. The platform, powered by Tourism Economics, is supported by approximately 20 data partners and tracks industry performance, travel volumes and predictive travel indicators to provide members with a detailed, interactive view of travel's recovery and performance.

The dashboard is updated on the last week of each month.

Supporting Data Providers

  • AirDNA
  • Future Partners
  • Longwoods International
  • National Park Service
  • Northstar Meetings Group
  • Simpleview
  • Tempest
  • TransUnion
  • TSA
  • U.S. Department of Commerce
  • Airline Data Inc.
  • MMGY
  • National Travel and Tourism Office
  • Oxford Economics
  • STR
  • Tourism Economics
  • TravelClick, an Amadeus Company
  • U.S. Bureau of Labor Statistics
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