www.tia.org
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TIA Reports: Room Revenue Increased 7.5 Percent in August
TIA Reports: Room Revenue Increased 7.5 Percent in August
| Washington,
DC � October 2006 � According to the Travel Industry Association of America�s
(TIA) Industry Performance Indicators
(IPI), the month of August 2006, revealed a decline in domestic air RPMs
by 2.2 percent while international air RPMs rose 6.4 percent in comparison
to August 2005. Hotel/motel room revenue increased 7.5 percent from twelve
months earlier. Gasoline Stations' Receipts were down 1.0 percent from
previous month and were up 11.0 percent from a year ago. Airline employment
was down 2.5 percent from August 2005.
The
IPI are a set of monthly measurements that provide a quick snapshot of
recent trends in travel-related industry segments. Data are obtained from
both the private sector and government sources.
| Sources & Notes: Air Traffic: Air Transport Association, Bureau of Labor Statistics. RPM= Revenue Pasenger Miles. Rail Passenger Traffic: Amtrak. RPM= Revenue Passenger Miles. Auto Travel: U.S. Bureau of Census, Department of Energy, Federal Highway Administration. (demand for Motor Gasoline is thousands of barrels per day) Hotel/Motel: Smith Travel Research, Bureau of Labor Statistics. (demand for Commercial Lodging is unadjusted room nights sold) Restaurants: U.S. Bureau of Census, Bureau of Labor Statistics National Parks: National Park Service | TIA (www.tia.org) is the national, non-profit organization representing all components of the $646 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. | Contact: Cathy Keefe Manager, Media Relations 202�408�2183 |
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Small Business Hospitality Association (SBHA) |