USTA Index Predicts Domestic Travel Rising
A new Travel Trends Index from the U.S. Travel Association shows a six-year increase in U.S. leisure travel—and predicts it will continue into early 2016.
Domestic leisure travel was up 3% year over year in the month of December, and USTA predicts steady growth into 2016, buoyed by low gas prices and increasing wages.
However, business travel was not as strong, due to the dipping stock markets and increasing interest rates; TTI does predict a recovery for the first half of 2016, however.
International travel to the U.S. has been on the rise but has leveled off significantly with the U.S. dollar remaining strong.
For the full report, go to Ustravel.org
–Anna Gleksman