May Travel Projections

Travel within the U.S. continues to grow, but the travel industry is experiencing a major decline in international inbound flights. There are several factors that impact consumers international travel, but there is good news shining through this gray cloud. Despite consumers continuing to watch their spending more carefully, the Leading Trends Index is projecting that domestic travel in the U.S. will grow around 2% through September of this year and international inbound travel will continue to grow – just at a slower rate. (U.S. Travel Association, 05.08.19)