FX Excursions

FX Excursions offers the chance for once-in-a-lifetime experiences in destinations around the world.

United States Travel Trends Report

by KatieS

Jun 21, 2017
News

In light of significant international headwinds, the U.S. economy continues to expand. The recent Travel Trends Index shows that demand, particularly by domestic leisure travelers, is continuing to expand at a reasonable pace.

The U.S. Travel Association is predicting strong growth in the coming year, spurred by domestic travel. The group’s monthly Travel Trends Index for April 2017 reported travel to and within the United States grew 1.6 percent April 2016–April 2017 — the time period that included the turmoil over Trump’s attempted travel ban on inbound travel from several Muslim-majority countries.

“Domestic travel is expected to grow by about 2 percent, while international travel may decline slightly,” said the Travel Trends Index. “Looking ahead, a variety of factors, including the strength of the U.S. dollar, a fragile global economy, and a turbulent political environment are expected to negatively impact international inbound travel. The CTI has registered at or above the 50 mark for 88 straight months, as the industry settles into its eight year of expansion.”

The USTA’s Leading Travel Index, which forecasts future travel trends, predicts a weakening of inbound travel between now and Oct. 2017. The Current Travel Index, which measures the current direction and pace of travel involving a hotel stay and/or air travel, was slightly off in March 2017 but remained positive.

Overall, leisure travel increased in April while business travel decline.

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