U.S. Travel Trends Index: Domestic, International Demand Expected to Drag Over Next Six Months

Travel to and within the U.S. grew 3.2% year-over-year in May, according to the U.S. Travel Association’s latest Travel Trends Index (TTI) – marking the industry’s 113th straight month of overall expansion. While this is up slightly from April’s 3.0% overall growth, the Leading Travel Index (LTI) predicts travel growth will soften through November 2019 as all travel segments experience softer growth.

Global Airline Passenger Demand for May Stays Solid but the Trend Has Slowed

The International Air Transport Association (IATA) announced global passenger traffic results for May showing that demand (measured in revenue passenger kilometers, or RPKs) rose 4.5% compared to the same month in 2018. This was in line with the revised April traffic growth of 4.4% and above the recent trough of 3.1% year-on-year growth recorded in March.