Key Travel Indicators
Industry Barometer
As we move toward the end of year, Tourism in Indiana has much for which to be thankful. Consumer sentiment is strong and spending remains high, both of which are driving the economy forward. That’s good news for our industry. Gas remains at low prices making drive travel affordable, and Indianapolis International Airport goes from strength to strength. Industry sentiment shows optimism for the season and the year to come.
Happy Thanksgiving to all! And, if you are one of the many folks working this Thanksgiving – special thanks to you for your service and commitment to Hoosier Hospitality.
Safe travels!
Dr. Jonathon Day
Purdue Hospitality and Tourism Research Center
Industry Sentiment As of Summer 2019 (July-August)
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Right Now
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Next Quarter
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Upcoming 12 Months
Economic Indicators
INDIANA LEADING
ECONOMIC INDICATORS
September 2019
1.02
GAS PRICES
(Avg. price per gallon)
October 2018 $2.80
October 2019 $2.52
Industry Sectors
HOTELS
Occupancy Rate
October 2018: 67.3%
October 2019: 64.2%
Revenue per Available Room (RevPAR)
October 2018: $71.86
October 2019: $67.76
AIR TRAFFIC
Domestic Passengers
September 2018: 706,543
September 2019: 717,328
International Passengers
September 2018: 13,054
September 2019: 16,248
Market Intelligence and Insights
A selection of recent marketing intelligence from around the industry…
US Travel’s Travel Trends Index predicts moderate growth through February 2020. For the September report – click here
Thanksgiving travel is year is expected to be highest since 2005 with over 55 million folks traveling in the coming days. Details of AAA’s forecast can be found here
Tripadvisor is an important tool for many tourism companies. Tripadvisor CEO recently laid out their plans for the next 20 years. For details, click here.
Destination Analyst’s newest report on traveler segments is available here
Okay, Boomers! Keeping up with Boomers’ travel trends and habits is challenging. Here’s an article that may be useful, click here