Key Trends in Air Passenger Traffic, Hotel Occupancy and Tax-Free Shopping in July 2017
International air passenger traffic grew by 6.2% year over year in July, a slowdown from June. A pause in the upward trend in global business confidence and the fading of the stimulus from lower fares are the two main reasons for the softer growth, according to the International Air Transport Association (IATA).
Data from two US airlines, Delta and Alaska, provide further indications of air traffic growth. The figures below include international and domestic traffic.
About the Data
The IATA is the trade association for the world’s airlines, representing some 260 airlines, or 83% of total air traffic. IATA statistics cover international and domestic scheduled air traffic for IATA member and nonmember airlines. All figures are provisional and represent total reporting at time of publication plus estimates for missing data. Historical figures may be revised.
Smith Travel Research (STR) is a US-based company that tracks supply and demand data for the hospitality industry. Initially focused on data for North America and the Caribbean, STR launched STR Global in 2008 in collaboration with Deloitte UK and The Bench to provide worldwide supply and demand data for the hotel industry globally. STR collects performance data from over 46,000 hotels representing more than 5.3 million rooms globally.
Global Blue is a tax-free shopping and currency-processing-services company headquartered in Switzerland. The firm operates the world’s largest tax-free-shopping network, which consists of 300,000 stores around the world. Global Blue also offers a range of marketing and intelligence services. The company delivers services to partners in 51 countries globally.