Travel industry should see boost in 2019
When asked about travel plans for 2019, 20 percent of respondents plan on traveling more for business than in 2018 and 24 percent said they would be traveling more for leisure.
More than 290 people participated in the survey conducted by The GO Group, LLC.
These results were slightly lower than those from the same survey conducted last year in which 27 percent of respondents stated they planned on traveling more frequently for business and 33 percent more for leisure in 2018 over 2017.
Just seven percent of this year’s survey participants said they planned on traveling less in 2019 for business and five percent less for leisure; these results are identical to those of 2018. Thirty-eight and 40 percent noted they will travel the same amount for business and leisure, respectively, while 35 percent are unsure of business travel plans and 31 percent for leisure.
“As the economy continues to improve and the unemployment rate remains low, people will have the means to travel more frequently both for leisure and business,” says John McCarthy, president of The GO Group. “This will have a significant, positive impact on airlines, hotels and the overall hospitality industry and other related businesses.”