U.S. travel spend reaches pre-pandemic levels
On the flip side: When adjusting for inflation, overall travel spending remained down 14 percent in 2022
At $1.2 trillion, direct spending on travel in the United States in 2022 was on par with pre-pandemic figures, according to new data released by the U.S. Travel Association - reflecting the industry’s essential contributions to the American economy.
Key takeaways
- Travel’s surplus in 2022 was just $3 billion, which is down significantly from the peak of $86 billion in 2015;
- International inbound travel in 2022 was just 55 percent recovered;
- Business travel also continues to lag behind leisure travel with domestic business travel recovered only 74% last year.
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