New data released by the US Department of Commerce reveals the country’s travel trade surplus slipped to just $4 billion in 2022—down from an all-time high of $85.9 billion less than a decade ago, underscoring the urgent need to rebuild inbound travel and regain its associated economic benefits.
GBTA applauds new details to boost sustainable aviation fuel production in the U.S.
GBTA, the voice of the global business travel industry, applauds the recent announcement on the next steps in the Sustainable Aviation Fuel (SAF) Grand Challenge.
Things are looking up for international travel to the U.S.
International flight booking trends reveal the long-awaited recovery of international traveler spending in the U.S.
U.S. hotel results for week ending 16 April
Aligned with historical patterns, U.S. hotel performance came in lower during the week of Easter.
The Americas and Asia Pacific regions show increased hotel pipeline activity
Two of the four world regions, the Americas and Asia Pacific, showed a year-over-year increase in hotel pipeline activity at the end of the first quarter.
U.S. hotel results for week ending 19 March
Lifted by Spring break travel, U.S. hotel performance rose from the previous week and showed improved comparisons against 2019.
U.S. hotel results for week ending 22 January
U.S. hotel performance remained relatively flat from the previous week.
U.S. hotel results for week ending 15 January
U.S. weekly hotel occupancy worsened in comparison with pre-pandemic levels.
U.S. hotel construction ends year down from 2020
The number of U.S. hotel rooms in construction is down roughly 61,000 from the country’s all-time high achieved in early 2020.
U.S. hotel performance for October 2021
The U.S. hotel industry reported higher performance than the month prior.
Never miss a trend.