Industry Research

Surging Leisure Travel To Offset Softening Business Travel

Posted on March 4, 2016

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

Related Topics: business travel, business trends, corporate travel, industry trends, leisure travel, U.S. Travel Association

Comments ( 0 )
More Stories
How will AI affect the future of business travel?
News

5 Ways AI Powers Business Travel

While companies are interacting constantly with artificial intelligence every day, the technology now transcends the office space.

Video

Travel Trends You Should Know Webinar

Lenore D'anzieri of Dav El | BostonCoach discusses up and coming travel trends all luxury transportation companies should be aware of in 2018 and beyond.