10 Key Stats from New Travel Outlook Report
- Posted by Todd Vines
- On January 24, 2022
A new report on U.S. travel outlines what we might expect from the year ahead.
While the data collated by hospitality technology firm SiteMinder suggests that travel still won’t yet mirror what it was prior to COVID-19, neither will the year ahead be as disruptive or restrictive as the past two.
Screen Pilot has identified ten key stats that speak to America’s appetite for travel, the health of hotel metrics, and broader tourism trends.
Occupancy, ADR, RevPAR to Rise
The year 2022 will see a 13% increase in occupancy, 6% increase in ADR, and 19.7% increase in RevPAR across the US.
Domestic Spend Up, Leisure Dominates
Domestic U.S. travel spending is forecast to hit $911B in 2022, up from $787B in 2021, with leisure travel equating for $718B.
Most Plan to Travel Same or More than Pre-COVID
In the year ahead, 78% of U.S. travelers plan to travel the same (33%), more (23%) or much more (22%) than prior to COVID-19.
Millennials Embrace the ‘Workcation’
Millennials are most likely to plan a trip involving remote work, with 24% saying they’d take a “workcation” in the next year.
Domestic Stays Will Be Longer
With the majority of travel bookings proving to be domestic, some of these travelers are booking longer stays to make up for lost international trips.
International Arrivals Bounce Back
International arrivals to the U.S. are expected to increase by 115% from 2021 to reach 56.8 million in 2022.
International Travelers Focus on Leisure
International leisure spending will account for $96B of the $120B total spending by international travelers.
Luxury Travelers Make Backup Plans
Some luxury travelers are opting for what some people call “trip stacking,” or buying two trips over the same time period in case one of them falls through.
Booking Windows Stay Short
Domestic travelers continue to book closer to travel than they did pre-COVID.
The Beach Beckons
Regardless of location, Americans have indicated they are heading to the beach, calling it out as their top destination across all age groups.
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