US inbound demand expected to trail 2019 levels
Despite positive momentum in 2023, international inbound travel and domestic business travel in the U.S. are projected to remain below pre-pandemic levels in 2024
According to the United States Travel Association’s biannual U.S. travel forecast, which was prepared by Tourism Economics and released Wednesday, international arrivals to the U.S. are projected to surpass 2019 levels in 2025, while business travel volume is expected to fully recover by 2026.
Key takeaways
- International inbound travel volume is expected to reach 98% of 2019 levels in 2024, up from 84% recovered in 2023;
- Full recovery is projected to occur in 2025 in terms of volume, but it will take until 2026 to recover international spending levels when adjusted for inflation;
- Business travel will continue its upward recovery trend in 2024 but at a slower rate than last year. It’s expected to hit $413.3 million, which would be 95% of 2019 levels, up from 89% in 2023 and 79% in 2022.
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