10-Oct-2019 8:38 AM
US Travel Association: Inbound travel expected to decline further during next six months
- Domestic market: Grew 3.4%. The domestic leisure travel segment expanded 4%, while the domestic business travel segment grew 1.2%. The business segment is expected to expand by 1.6% during the next six months. The Leading Travel Index (LTI) projects domestic travel growth will flatten to 1.8% during the next six months;
- International market: Inbound travel was flat. The LTI projects the segment will decline 0.6% during the next six months, due to trade tensions and the strength of the dollar.
US Travel Association SVP of research David Huether stated: "While the travel engine is not firing on all cylinders, the overall pace of travel through the first eight months of this year is solid". [more - original PR]