SEPTEMBER’S HURRICANES DID not dampen domestic leisure travel, which led the U.S. Travel Association’s Travel Trends Index for the month, though it was a bit slower than in August. And USTA expects that resilience in the travel industry to lead to further growth next year.
September’s overall Current Travel Index (CTI) was 50.7 points, and the 3-month Leading Travel Index (LTI) was 50.5 while the six month LTI was 51.1, according to USTA’s index. The CTI for leisure travel was 51.4 in September, with a 50.8 3-month LTI and 51 6-month LTI. Domestic business travel dropped slightly with a CTI of 49.1 for the month, possibly due to the hurricanes.
September was the 93rd consecutive month of travel growth and total U.S. travel volume is expected to grow around 2.2 percent through March 2018. “Both the domestic and international travel markets are showing remarkable resilience in the face of some significant headwinds,” said USTA President and CEO Roger Dow. “Pretty much every challenge you can imagine—both natural and man-made—has been thrown at travel this year, and yet this industry continues to do far more than its share for export and domestic job growth.”