Research UpdateAnalyst: Phocuswright Research
Each year, the U.S. leisure travel population fluctuates due to economic conditions as well as personal factors. A strong economy usually correlates with growth, while a weak economy can spur a decline, as some Americans opt to forego leisure travel altogether. 2018 bucked the trends. According to Phocuswright’s recent travel research report series, U.S. Consumer Travel 2019, not as many Americans traveled for leisure, but other indicators suggest consumer confidence remains high, even among those who stayed home.