What Does 2019 Hold For Travel as Recession Anxieties Rise: New Skift Research
Skift Take
Will there be a recession next year? That seems to be the question on everyone's minds. But the fundamental data and industry management teams tell a story of greater strength heading into next year. Headwinds are rising, but on balance, we expect “steady-as-she-goes” growth.
All in all, 2018 has turned out to be a very healthy year of growth for travel in both advanced economies and emerging and developing markets. International arrivals are likely to reach an all-time high of around 1.4 billion. Consumer demand has been solid, and U.S. corporations saw one of the strongest years in profit growth since the last recession.
So on the back of a better than expected 2018, what does next year have in store for travel? In our latest report, The Skift Global Travel Economy Outlook 2019, we analyze the macroeconomic data and pair it with with industry- and company-specific details to build our initial view of 2019.
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