The US internal tourism expenditure on road passenger transport services has shown a robust growth from 2013 to 2028, with notable fluctuations. The year-on-year growth rate peaked in 2021 at 74.69% following a significant drop in 2020 due to the pandemic. The recovery post-2020 highlights the sector’s resilience, leading to a steady forecasted growth up to 2028. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is forecasted at 3.19%, indicating a consistent upward trend.
Looking ahead, key trends to monitor include the impact of evolving consumer preferences for sustainable and eco-friendly travel options, technological advancements in vehicle efficiency, and the integration of digital platforms for travel booking and management. These factors will play a critical role in shaping the future trajectory of internal tourism expenditure on road passenger transport services in the US.
