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TIA Travelometer: Fall Travel Increases Slightly
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Washington, DC � November 2003 � According to the Travel Industry Association of America�s (TIA) Fall 2003 Travelometer forecast, Americans will take more than 245 million person-trips during September, October and November 2003, an increase of less than one percent over last fall. A person-trip is one person on one trip traveling 50 miles or more from home, one way.
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Fall leisure travel has continued to grow steadily over the years, and this year is no different, with Americans planning on taking a record 194.6 million person-trips in fall 2003. However, this growth has slowed somewhat, posting only a one percent increase over fall 2002, most likely due to the still-weak economy.
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Business travel volume is expected to remain stable, with Americans planning on taking 38 million business trips this fall, up less than one percent from fall 2002.
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Note: The results of TIA�s Fall 2003 Travelometer are based on TIA�s seasonal travel forecasting model developed in partnership with Global Insight, Inc.
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Travel Industry Association of America
TIA (www.tia.org) is the national, non-profit organization representing all components of the $525 billion travel industry. TIA�s mission is to represent the whole of the U.S. travel industry to promote and facilitate increased travel to and within the United States.
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Contact:
Cathy Keefe (Manager, Media Relations)
202-408-2183
ckeefe@tia.org , www.tia.org
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Travel Industry Association of America
1100 New York Avenue, NW, Suite 450, Washington, DC 20005-3934, 202-408-8422, Fax 202-408-1255
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