In its U.S. Travel Forecast released in November 2020, the U.S. Travel Association noted the total travel spending in the United States in 2019 was $1.13 trillion; the forecast for 2020 was $617 billion. Through 2024, the association projects the figure will climb back to its pre-pandemic figures with $1.1 trillion of total travel spending in the United States.
These figures are U.S.-focused, but the impact affects the travel industry worldwide.
That is not to say no one is traveling, however. As people learn how to keep themselves and each other safe in their communities and workplaces, they gain confidence to get back out into the world, too.
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