Summer Travel Trends 2024: More Crowds and Expensive Airfare, Hotels – Seattle Times
Summer travel in 2024 will be ‘expensive in every way,’ says Katharine Nohr. And she should know.
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Summer travel in 2024 will be ‘expensive in every way,’ says Katharine Nohr. And she should know.
Fourth Quarter 2023 Fares Increase 4.6%, Adjusted for Inflation, from Previous Quarter
New study shows Gen Z and Millennials are willing to travel the farthest and spend the most to attend destination events
Preliminary data reveals the strengthening of Asia-Pacific and Middle East hubs alongside perennial US leaders
The 560,352 flights operated in January 2024 were 99.56% of the 562,845 flights operated in January 2023. Operated flights in January 2024 were down 0.44% year-over-year from the 562,845 flights operated in January 2023 and down 7.18% month-over-month from 603,756 flights operated in December 2023.
U.S. airlines carried 70.0 million systemwide (domestic and international) scheduled service passengers in January 2024, according to the Bureau of Transportation Statistics (BTS). When adjusted for seasonality, January enplanements are down 1.0% from December and down 1.0% from the all-time high reached in December 2023.
The annual state of the industry report includes the release of 2023 passenger volume, which reached 31.7 million – surpassing 2019 by 7%. The report also shows continued demand for cruise holidays, noting intent to cruise at 82%. The forecast for cruise capacity shows an increase of 10% from 2024 through 2028, as cruise lines make ongoing, concrete progress in pursuit of net- zero emissions by 2050.
Aviation Fuel Consumption Up 7.9% from Pre-Pandemic February 2019
Total demand, measured in revenue passenger kilometers (RPKs), was up 21.5% compared to February 2023. Total capacity, measured in available seat kilometers (ASK), was up 18.7% year-on-year. The February load factor was 80.6% (+1.9ppt compared to February 2023).
The International Air Transport Association (IATA) released data for February 2024 global air cargo markets showing continuing strong annual growth in demand.