Industry Performance Comparatively Strong in September
September 2005 Industry Performance Indicators, IPI, revealed an increase in domestic air RPMs by 4.4 percent from September 2004 and international air RPMs increased 8.8 percent from twelve months earlier.
However, airline employment fell 3.2 percent against September 2004. Hotel/motel room revenue jumped 10.8 percent from one year ago driven by sharp increases on average daily rate (6.7%) and room demand (3.8%). Lodging jobs increased 1.5 percent during the same period. Gasoline station receipts increased nearly one third (32.7%) over a year ago, largely due to prices jump. Amtrak ridership was up 8.3 percent from September 2004.
Economic Research: September 2005 Industry Performance Indicators
The IPI are a set of monthly measurements that provide a quick snapshot of recent trends in travel-related industry segments. Data are obtained from both the private sector and government sources.
Travel Industry Association of America
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.
Economic Research: September 2005 Industry Performance Indicators
The IPI are a set of monthly measurements that provide a quick snapshot of recent trends in travel-related industry segments. Data are obtained from both the private sector and government sources.
Travel Industry Association of America
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.
