December 9, 2020
Washington’s inability to reach a deal on a new round of relief prior to the November 3 election further devastated the travel industry, and travel leaders are strongly urging policymakers not to wait for the new Congress and administration to take office before advancing another package.
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Latest Projection: Travel Spending in U.S. to Plunge by Nearly Half This Year
Travel spending in the U.S. is expected to finish the year 45% down from 2019 levels, and will still not have returned to its pre-pandemic strength by 2024, according to the latest figures released by the U.S. Travel Association.