Key Travel Indicators

Industry Barometer

Season’s Greetings!

As we prepare for 2020, we can look back on the successes of 2019, a great year for tourism in Indiana. The strength of the economy, low oil prices and great product offerings throughout the state, resulted in a positive year for the industry. And there are good reasons to believe that the growth will continue in the New Year.

All the very best for a happy, healthy and prosperous 2020!

Dr. Jonathon Day
Purdue Hospitality and Tourism Research Center

Industry Sentiment As of Summer 2019 (July-August)

Right Now
Next Quarter
Upcoming 12 Months

Economic Indicators

INDIANA LEADING
ECONOMIC INDICATORS

October 2019
.46

GAS PRICES
(Avg. price per gallon)

November 2018 $2.52

November 2019 $2.48

-2.0% Decrease

Industry Sectors

HOTELS

Occupancy Rate

November 2018: 56.6%

November 2019: 55.6%

-1.0% DECREASE

Revenue per Available Room (RevPAR)

November 2018: $56.89

November 2019: $55.70

-2.1% DECREASE

AIR TRAFFIC

icon of airplane flying over control tower

Domestic Passengers

October 2018: 840,337

October 2019: 811,743

-3.4% DECREASE

International Passengers

October 2018: 12,483

October 2019: 14,673

17.5% INCREASE

Market Intelligence and Insights

A selection of recent marketing intelligence from around the industry…

US Travel’s Travel Trends Index predicts moderate growth through April 2020. For the October report – click here

Indiana is expected to enjoy continued economic growth in 2020. The IBR outlook calls for 1.25% growth in the coming year.

The Holiday travel season this year is expected to be break records with over 115 million travelers between Dec 21 and New Year’s Day. Details of AAA’s forecast can be found here

It’s that time of year again. Reviews of 2019 and projections for the coming year – and decade are coming through. Here’s a selection for your enjoyment.