Washington,
DC � April 2004 � According to the Travel Industry Association of America�s
(TIA) Spring 2004 travel forecast, Americans
will take 270.2 million person-trips during March, April and May 2004,
an increase of 3.3 percent over last spring. The overall forecast calls
for the strongest spring travel season since the spring of 2001. A person-trip
is one person on one trip traveling 50 miles or more from home, one way.
�These
figures represent a welcome turnaround,� remarked Dr. Suzanne Cook, senior
vice president of research and technology for the Travel Industry Association
of America. �Consumers are more confident about spending their discretionary
income on travel. They have a high interest in travel and they feel prices
are affordable, all of which bodes well for the industry�s continued recovery.�
After waning slightly during the last few spring seasons, TIA predicts spring 2004 leisure travel will show a positive growth of 3.1 percent over last spring. This would be the highest volume of spring person-trips in five years with Americans planning on taking more than 215 million leisure person-trips this spring. | As evidence that business travel is finally starting to recover, TIA�s forecast calls for a 5 percent hike in business and convention travel volume this spring compared to spring 2003. American business travelers plan on taking nearly 45 million business person-trips this spring, representing the highest number of business trips since spring of 2001. | NOTE: The results of TIA�s Spring 2004 travel forecast are based on TIA�s seasonal travel forecasting model developed in partnership with Global Insight, Inc. Travel
Industry Association of America
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