Tag: travel spending
Updated Forecast: Travel Spending to Fall 45 Percent in 2020
WASHINGTON, D.C.—Travel spending in the United States is expected to finish the year 45 percent down from 2019 levels, and will still not have...
Tourism Economics Forecasts U.S. Travel Spending to Fall 45 Percent in 2020
WASHINGTON, D.C.—Total travel spending in the United States is predicted to drop 45 percent by the end of this year, according to a forecast...
Americans To Spend Record $101.7 Billion on Summer Vacation in 2019
RICHMOND, Va.—Americans are planning to spend more on their summer vacations this year than they have in at least a decade. Allianz Global Assistance's...
How Hoteliers Can Tap Into the Increasing Demand for Luxury Travel
BOSTON, MA–More people than ever are seeking–and spending more on–luxury travel. And they’re changing what the term “luxury” means–they’re likely to look for experiences...
Young Families Are Spending, Traveling Despite Projected Slowdown
NEW YORK– In a year of projected slowdown for travel, young families in the so-called "Millennial" generation are going to spend more and travel...