Travel Industry Performance Mixed in October
Airline employment fell 3.3 percent against October 2004. Hotel/motel room revenue was up 5.4 percent from one year ago; lodging jobs increased 1.5 percent during the same period. Gasoline station receipts declined 0.8 percent from September 2005; however, they were still 25.5 percent higher than a year ago. Recreational visitors to national parks dropped 9.9 percent compared with October 2004.
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.
Economic Research: October 2005 Industry Performance Indicators
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
Travel Industry Association of America
TIA (www.tia.org) is the national, non-profit organization representing all components of the $600 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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