The travel price index (TPI) published by the U.S. Travel Association includes data on the changes in the consumer price index (CPI) of travel and tourism services in the United States, such as airline fares, lodging, and recreation. In 2023, the TPI went up by 2.5 percent compared to the previous year, while the CPI experienced year-over-year growth of 4.1 percent. As forecast, the TPI and CPI are expected to increase by 1.3 percent and 2.9 percent, respectively, in 2024 over the previous year.
Year-over-year percentage change in the travel price index vs. consumer price index in the United States from 2020 to 2023, with a forecast until 2028
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Year-over-year percentage change in the travel price index vs. consumer price index in the United States from 2020 to 2023, with a forecast until 2028
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The travel price index refers to the following industries: transportation (airline fares, motor fuel, intracity transportation, intercity transportation); lodging (hotels/motels); recreation; food and beverage (alcohol away from home, food away from home).
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US Travel Association. (January 9, 2025). Year-over-year percentage change in the travel price index vs. consumer price index in the United States from 2020 to 2023, with a forecast until 2028 [Graph]. In Statista. Retrieved April 03, 2025, from https://www.statista.com/statistics/1359431/travel-price-index-change-united-states/
US Travel Association. "Year-over-year percentage change in the travel price index vs. consumer price index in the United States from 2020 to 2023, with a forecast until 2028." Chart. January 9, 2025. Statista. Accessed April 03, 2025. https://www.statista.com/statistics/1359431/travel-price-index-change-united-states/
US Travel Association. (2025). Year-over-year percentage change in the travel price index vs. consumer price index in the United States from 2020 to 2023, with a forecast until 2028. Statista. Statista Inc.. Accessed: April 03, 2025. https://www.statista.com/statistics/1359431/travel-price-index-change-united-states/
US Travel Association. "Year-over-year Percentage Change in The Travel Price Index Vs. Consumer Price Index in The United States from 2020 to 2023, with a Forecast until 2028." Statista, Statista Inc., 9 Jan 2025, https://www.statista.com/statistics/1359431/travel-price-index-change-united-states/
US Travel Association, Year-over-year percentage change in the travel price index vs. consumer price index in the United States from 2020 to 2023, with a forecast until 2028 Statista, https://www.statista.com/statistics/1359431/travel-price-index-change-united-states/ (last visited April 03, 2025)
Year-over-year percentage change in the travel price index vs. consumer price index in the United States from 2020 to 2023, with a forecast until 2028 [Graph], US Travel Association, January 9, 2025. [Online]. Available: https://www.statista.com/statistics/1359431/travel-price-index-change-united-states/
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