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LIVE: 2018 GOLDEN GLOBES NOMINATIONS

CheapOair Data Shows Healthy Travel Industry in First Quarter of 2017

NEW YORK, (FNN NEWS) — CheapOair, a leading flight-focused hybrid travel agency, has released a summary of Quarter 1 travel trends from 2013 through 2017 in recognition of National Travel and Tourism Week. The report shows that travel within the United States is up nearly 50% since 2013, while outbound travel to international destinations is up a massive 170%. The 34th annual National Travel and Tourism Week (May 7-13, 2017), celebrates what travel means to American jobs, economic growth, and personal well-being.

Key findings from CheapOair’s data

  • In the past five years, domestic travel within the United States has increased nearly 50% with the most significant jump of 15% occurring between 2016 and 2017.
  • Ticket prices for domestic flights in 2017 were just slightly higher than 2016, however, costs still came in 15% lower than 2013. Average domestic ticket price for Q1 2017 was $346.75.
  • Travel from the U.S. to international destinations has seen a substantial increase of 170% since 2013. The largest increase came during the past year with a 30% jump in international trips.
  • Prices to international destinations were down over 17% with an average ticket price of $728.78.

Top Domestic and International Destinations in First Quarter 2017

Domestic Destinations

International Destinations

Los Angeles, CA

Manila, Philippines

Chicago, IL

Taipei, Taiwan

New York, NY

London, England

Dallas, TX

Toronto, Canada

Charlotte, NC

Seoul, South Korea

San Francisco, CA

Mexico City, Mexico

Denver, CO

Dubai, U.A.E.

Newark, NJ

Istanbul, Turkey

Houston, TX

Beijing, China

Miami, FL

Paris, France

In addition to traffic and pricing data, CheapOair noticed some fascinating travel details. Thursday is the most popular departure day, while Sunday and Monday are the least popular days to depart. The data also showed that travelers are increasing the length of the trips they are taking. In 2013, the average trip duration was 10.03 days which jumped to 13.61 in 2017. Overall, the total number of U.S. passengers has grown by 85% in just five years, indicating that as flying is becoming increasingly affordable, people are traveling now more than ever.

CheapOair’s data indicates a healthy travel industry and gives a positive outlook for an industry with critical economic importance nationwide. According to the U.S. Travel Association:

  • Travel is a $2.3 trillion industry in the U.S., with $990.3 billion in direct travel-related spending in the U.S. by domestic and international visitors in 2016.
  • These visitors support 15.3 million American jobs—roughly 8.6 million direct travel jobs, and 6.7 million indirect and induced jobs.
  • Travel-related spending generated $157.8 billion in federal, state and local tax revenues in 2016.

SOURCE | CheapOair

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