International travel slump continued in June
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Domestic business travel fell 0.2%, which U.S. Travel attributed to "cooling business investment and ongoing trade conflicts," which U.S. predicted would continue to be an issue through 2019.
Domestic leisure travel was strong for the month, increasing 3.8% and contributing to an overall growth of 2.4% year over year for the month of June.
The TTI's Leading Travel Index (LTI) forecasts that inbound travel growth will decline slightly over the next six months (about 0.2%), consistent with U.S. Travel's projection that America's share of the global long-haul travel market will fall from its current 11.7% to below 10.9% by 2022.
The LTI projects overall U.S. travel volume will grow 1.8% through December, with domestic travel growing 2%.
Source: https://www.travelweekly.com
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