News & Resources for the Indiana Tourism Industry

Key Travel Indicators

Industry Barometer

Summer is in full swing and our industry is enjoying its busiest season of the year. Confidence remains high and the economy continues to perform strongly – suggesting that this will be a good season for the industry. Certainly, the general economic strength seems to be overcoming any drag caused by rising oil prices.  Looking at this month’s numbers – it is great to see Indianapolis International Airport posting such strong passenger numbers.

Summer is a great time to explore Indiana – and it will be over before we know it. Make sure you take some time to get out and enjoy what the state has to offer!

Safe travels and Enjoy!

Dr. Jonathon Day
Purdue Hospitality and Tourism Research Center

Industry Sentiment As of Spring 2018 (March-May)

  • Right Now

    better
  • Next Quarter

    better
  • Upcoming 12 Months

    better

Economic Indicators

INDIANA LEADING
ECONOMIC INDICATORS

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May 2018
0.94

GAS PRICES
(Avg. price per gallon)

gas pump with dollar sign

June 2017 $2.33

June 2018 $2.85

22.5% Increase

Industry Sectors

HOTELS

icon of person lying in bed

Occupancy Rate

June 2017: 73.4%

June 2018: 70.8%

-2.6% DECREASE

Revenue per Available Room (RevPAR)

June 2017: $74.75

June 2017: $73.00

-2.3% DECREASE

AIR TRAFFIC

icon of airplane flying over control tower

Domestic Passengers

June 2017: 833,823

June 2018: 857,413

2.8% Increase

International Passengers

June 2017: 9,754

June 2018: 23,363

139.5% INCREASE

Market Intelligence and Insights

A selection of recent marketing intelligence from around the industry…

The US Travel Leading Travel Index (LTI) continues to predict growth in domestic leisure travel in the US. Detail for the May report can be found here.

Travel prices are expected to rise in 2019 – due in part to rising oil prices – according to a new study from the Global Business Travel Association and Carlson Family Foundation. Details can be found here

On the radar. For some time we have been watching two of the internet’s largest companies – Google and Amazon – as they consider their travel strategies. This month, Skift came out with some analysis of Amazons possible role in the travel market. For a quick review of the article – click here.

Experiential travel is one of 9 trends phocuswire is watching this year. Other trends are the growth of mobile and increased use of market research and insights in developing and monitoring campaigns. For more detail – click here 

Sources

Data collected by Purdue Tourism & Hospitality Research Center

About the Data

This information is compiled from several sources.

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