Travel Prices Jumped 6.9 Percent In October Over A Year Ago - TIA Travel Price Index

Gasoline prices declined 5.0 percent compared to September; however, it (Gasoline) was 37.0 percent higher against October 2004. Airfares rose 1.5 percent over the previous month and increased 9.1 percent from twelve months earlier. Lodging price was up 4.3 percent from September and rose 1.0 percent over a year ago. General inflation as reflected in the Consumer Price Index (CPI-U) increased 0.2 percent from September and was up 4.3 percent compared to October 2004.

Developed by the Travel Industry Association of America's (TIA), the Travel Price Index (TPI) measures the seasonally unadjusted inflation rate of the cost of travel away from home in the United States. The TPI is based on U.S. Department of Labor price data collected for the monthly Consumer Price Index (CPI). The TPI is released monthly and is directly comparable to the CPI.

Travel Price Index -- OCTOBER 2005


TIA (www.tia.org) is the national, non-profit organization representing all components of the $600 billion travel industry. TIA's mission is to represent the whole of the U.S. travel industry to promote and facilitate increased travel to and within the United States.