Key Travel Indicators
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)
Upcoming 12 Months
(Avg. price per gallon)
November 2018 $2.52
November 2019 $2.48
November 2018: 56.6%
November 2019: 55.6%
Revenue per Available Room (RevPAR)
November 2018: $56.89
November 2019: $55.70
October 2018: 840,337
October 2019: 811,743
October 2018: 12,483
October 2019: 14,673
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.
- What will travel look like in 2030 – Travel Pulse
- Conde Nast Traveler – The Travel Trends to Know in 2020
- Crain’s Chicago Business – 8 ways travel will change in 2020