Though economic and geopolitical events impacted the travel industry in 2016 - growth approached just 1%, with the corporate sector in particular struggling - the pace picked back up for 2017.
The leisure market in the United States was projected to hit an all-time high last year, with growth at 3%.
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The boom of online bookings continued to outperform the broader market, and in the next several years, online bookings will advance at nearly twice the rate of the total market.
These key findings and more are part of the US Online Travel Overview Seventeenth Edition Market Sheet, a new report from Phocuswright.
It examines US travel market sizing data from 2015 to 2021, including key sectors, segments and distribution channels.
The report, written by Coney Dongre, is FREE for existing Phocuswright Global Subscribers (learn about how to become one here).