Research Dashboard

2025 Economic Impact of Travel

Travel Indicators Summary

In September, U.S. economic conditions softened as inflation rose to 3.7% and job growth slowed to 29,000, while unemployment remained low at 4.2%.
Domestic travel sentiment declined year over year, pressured by rising travel and fuel costs, although enthusiasm for future leisure travel remained strong.
California’s lodging sector outperformed the nation, supported by a later Labor Day weekend and major conventions, including Dreamforce. RevPAR increased 14.3% year over year, compared with 11.0% nationally.
Nonstop seat capacity from priority international markets declined 5.0%, while international nonresident air arrivals grew 1.1%, driven by gains from Asia and North America that offset weakness in Europe and the Middle East.

Source: Visit California and third-party data sets