Expect Solid Year of Growth for Travel in 2019: New Skift Research
Photo Credit: Have we reached the top? In our view, recessions are not caused by age of the economic cycle alone. Read our 2019 outlook for more. Pexels / Michael Zittel
Skift Take
Our latest Skift Research report provides a look-back on 2018 and details our 2019 economic expectations for the U.S. and globally. All in all, we expect a solid year of economic growth in 2019 which should translate well for the travel industry.
All things considered, 2018 has turned out to be a very healthy year of growth for travel in both advanced economies and emerging and developing markets.
As people begin to start thinking about 2019, our latest Skift Research report, Skift Global Travel Economy Outlook 2019, provides a look-back on 2018 as well as details our 2019 economic expectations for the U.S. and globally. We provide our global travel outlook which offers forecasts for growth in tourism, international arrivals, and business travel as well as our expectations for key sectors within travel including hotels, airlines, online travel agencies, and cruise.
In the excerpt below, we offer our expectations for 2019 global economic growth as well as our forecast for international arrivals.
Overall, we expect 2019 to be another strong year of economic growth, with a few different puts and takes, which should translate well for travel. Given that we are 10 years into this economic expansion, it’s possible some ma
