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Travel Industry Trends

Market Report Shanghai

Shanghai Leads As Hotspot for Inbound Tourism During May Day

According to Tongcheng Travel's latest report on this year's May Day holiday travel trends, Shanghai, Beijing, Guangzhou and Shenzhen in Guangdong province, and Chengdu, the capital city of Sichuan province, were identified as popular choices for inbound flights, highlighting their appeal to global travelers.




U.S. Airline Traffic Data

February 2024 U.S. Airline Traffic Data Up 8.6% from the Same Month Last Year

U.S. airlines carried 70.4 million systemwide (domestic and international) scheduled service passengers in February 2024, according to the Bureau of Transportation Statistics (BTS). When adjusted for seasonality, February enplanements are up 1.3% from January and reached a new all-time high the all-time high reached in February 2024.



Global Airline Passenger Demand

Global Airline Passenger Demand Up 13.8% in March

Total demand, measured in revenue passenger kilometers (RPKs), was up 13.8% compared to March 2023. Total capacity, measured in available seat kilometers (ASK), was up 12.3% year-on-year. The March load factor was 82.0% (+1.0ppt compared to March 2023).



















U.S. Air Travel Consumer Report

U.S. Air Travel Consumer Report: January 2024 Numbers

The 560,352 flights operated in January 2024 were 99.56% of the 562,845 flights operated in January 2023. Operated flights in January 2024 were down 0.44% year-over-year from the 562,845 flights operated in January 2023 and down 7.18% month-over-month from 603,756 flights operated in December 2023.


U.S. Airline Traffic Data

January 2024 U.S. Airline Traffic Data Up 4.0% from the Same Month Last Year

U.S. airlines carried 70.0 million systemwide (domestic and international) scheduled service passengers in January 2024, according to the Bureau of Transportation Statistics (BTS). When adjusted for seasonality, January enplanements are down 1.0% from December and down 1.0% from the all-time high reached in December 2023.


State Of The Cruise Industry Outlook

Cruise Lines International Association Releases 2024 State of the Cruise Industry Report

The annual state of the industry report includes the release of 2023 passenger volume, which reached 31.7 million - surpassing 2019 by 7%. The report also shows continued demand for cruise holidays, noting intent to cruise at 82%. The forecast for cruise capacity shows an increase of 10% from 2024 through 2028, as cruise lines make ongoing, concrete progress in pursuit of net- zero emissions by 2050.



Global Airline Passenger Demand

Global Airline Passenger Demand Up 21.5% in February

Total demand, measured in revenue passenger kilometers (RPKs), was up 21.5% compared to February 2023. Total capacity, measured in available seat kilometers (ASK), was up 18.7% year-on-year. The February load factor was 80.6% (+1.9ppt compared to February 2023).