Travel to or within the U.S. grew 3.2 percent in October 2018, according to the U.S. Travel Association's Travel Trends Index. USTA projects that figure will grow 2.2 percent on average from November 2018 through April 2019. Domestic travel demand grew year over year in October—both business and leisure made strong advances—and is projected to grow an average of 2.4 percent year over year each month from November 2018 through April 2019. Domestic business travel is projected grow 3.4 percent on average each of those months and outperform the leisure market. USTA attributed domestic business travel growth to a strong economy. The association also warned that rising economic volatility could reverse this and temper business investment. International inbound travel to the U.S. grew 2.4 percent year-over-year and is projected to decelerate though the start of 2019. USTA said trade tensions, uncertainty around U.S. President Donald Trump's policies, moderating economic growth and a stronger U.S. dollar may contribute to slowing international inbound growth.
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