Future of Travel TFI

Strategy development and forecasting in aviation, travel and tourism

Future of Travel TFI

Tourism

As part of its research program, TFI monitors the level of visitation to countries around the world.  TFI also monitors outbound travel from a number of major tourism-generating markets.

In the chart below TFI provides the change (based on rolling quarters) in outbound travellers from a number of major tourism-generating markets: Japan, USA and the UK.  Also included, using an index constructed by TFI, is the performance of China for the same period.

These indicators suggest:

  • Strong growth in outbound from the USA and China over the past 12 months.
  • Continues sluggish performance for outbound growth from Japan.
  • The UK growth evident into 2013 stalled into 2014.

Outbound Travel from Major Tourism-Generation Markets

Change Against Previous Year for Rolling Quarters March 2008 to Oct 2014

Source: TFI based on data from U.S. Department of Commerce, International Trade Administration, Office of Travel and Tourism Industries; UK International Passenger Survey (IPS), Office for National Statistics; Japan National Tourist Organization. China is based on an index constructed by TFI based on inbound collections for a number of countries.
Source: TFI based on data from U.S. Department of Commerce, International Trade Administration, Office of Travel and Tourism Industries; UK International Passenger Survey (IPS), Office for National Statistics; Japan National Tourist Organization. China is based on an index constructed by TFI based on inbound collections for a number of countries.