Surging Leisure Travel To Offset Softening Business Travel

WASHINGTON, D.C. — The U.S. Travel Association has released its inaugural Travel Trends Index (TTI), a two-prong indicator developed by the organization’s economic research team to track and predict travel trends to and within the U.S. The TTI will be released on the first Tuesday of each month.

• Domestic leisure travel continues to strengthen, thanks to rising wages and low gas prices.
• Business travel, by contrast, contracted due to volatile markets and rising interest rates, although the TTI predicts a slight recovery for that segment in the first half of 2016.

U.S. Travel press release here

Keywords

business travel   business trends   corporate travel   industry trends   leisure travel   U.S. Travel Association   

 

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