According to the Travel Industry Association of America`s (TIA) Spring 2005 Travel Forecast, Americans plan on taking nearly 281 million person-trips…
According to the Travel Industry Association of America`s (TIA) Spring 2005 Travel Forecast, Americans plan on taking nearly 281 million person-trips during March, April and May. This represents an increase of 1.2 percent over spring 2004. Recent increases in both hotel and airline travel support TIA`s forecast for strong spring travel volume. A person-trip is one person on one trip traveling 50 miles or more from home, one way.
Americans are upbeat, a prelude to a busy spring travel season. Their travel intentions are healthy, they feel good about the economy, and they feel positive about their own finances. These key factors point to a record spring travel season, said Dr. Suzanne Cook, TIA Senior Vice President of Research.
On the leisure front, Americans are expected to take nearly 223 million leisure person-trips in spring 2004, up 1 percent from last spring. While this growth is moderate, it`s nearly 7 percent higher than spring 2003 and nearly 10 percent higher than spring of 2000.
Business and convention travel volume continues to recover, increasing 2 percent in spring 2005. Americans plan on taking 47.1 million business/convention trips this spring, up from 46.1 million last spring. While this brings the volume in line with spring of 2000, it`s still below the 48.1 million business/convention trips taken in spring of 2001.
NOTE: The results of TIA`s Spring 2005 Travel Forecast are based on TIA`s Travel Forecast Model.
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
