In 2020, the U.S. will continue to lose share of total global long-haul travel and see the slowest pace of domestic travel growth in four years, according to a forecast by the U.S. Travel Association.
The forecast projects that global long-haul travel will grow by 4.8 percent annually through 2023, but U.S. long-haul travel will grow at a rate of only 2.4 percent. As such, the U.S. share of global long-haul travel, 11.2 percent in 2019, will drop a bit each year, reaching 10.4 percent in 2023. For domestic trips, the association projects the total number of trips will be up 1.4 percent year over year in 2020, a slower rate than the 1.7 percent increase seen this year. The number of business travel trips will be up 1 percent next year, compared with a 1.1 percent increase this year. The organization projects slightly higher domestic travel growth rates in 2021 and beyond.