Driven by Tourism Economics' travel forecasting model, the latest U.S. Travel Forecast projects the following:

  • Continued resilience of domestic leisure travel, which has surpassed pre-pandemic levels
  • Continued improvement in domestic business travel, with a slight slowdown in 2023 as the economy enters a mild recession. A full recovery in terms of volume is still forecast for 2024, but inflation-adjusted spending recovery remains beyond the range of the forecast
  • Sluggish recovery for international inbound travel as it continues to face headwinds, with a full recovery not expected prior to 2025

To complement the travel forecast table, U.S. Travel has released an accompanying background report, now in a slide deck format, which provides context to the latest projections. This document, which appears on the right under "downloads", is available exclusively to U.S. Travel members.

 

 

View the Forecast Table
U.S. Travel Forecast Report

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