U.S. Travel Market Report 2023-2027
- Published:
- June 2024
- Research Type:
- Report
- Figures:
- 4
- Segments:
- Air, Car Rental & Ground Transportation, Cruise, Hotels & Lodging, Online Travel Agencies, Rail, Tours & Packages, Traditional Agencies & TMCs
- Regions:
- U.S. & Canada
Summary
Following the robust 2022 recovery, the U.S. travel market is still re-establishing what the new normal for travel looks like, and in that process, some fluctuation is expected. Featuring healthy 13% year-over-year growth in 2023, the market finally surpassed pre-pandemic levels. Though economic uncertainty, regulation and rising costs impeded performance for some segments, travel demand remained robust. Gross bookings will continue to climb moderately throughout the forecast period, reflecting the anticipated return to equilibrium.
This report series features an overview of the U.S. travel market, along with detailed data and analysis of five key segments: airline, hotel & lodging, car rental, cruise and packaged travel. A standalone report dedicated to online travel agencies rounds out the coverage. Collectively, the series provides comprehensive market sizing and projections for the U.S. travel industry from 2021-2027, including analysis of key segments, share and trends, distribution and recovery dynamics by segment, and more.
Please note: When purchasing the U.S. Travel Market Report 2023-2027 series, all of the following reports are automatically included at no additional cost:
What is Open Access
An Open Access subscription provides company-wide access to the whole library of Phocuswright’s travel research and data visualization.
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+1 860 350-4084 501 sales@phocuswright.comWhat is Open Access+
With Open Access+, your company gets access to Phocuswright's full travel research library and data visualization PLUS Special Project deliverables.
Learn MoreCurious? Contact our team to learn more:
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What is Open Access
An Open Access subscription provides company-wide access to the whole library of Phocuswright’s travel research and data visualization.