The travel industry is well on its way to recovery to 2019 levels, but business travel lags way behind leisure's comeback. The U.S. Travel Association’s latest forecast shows that the overall travel recovery, driven largely by domestic leisure travel, will remain relatively resilient to economic conditions due to pent-up demand and consumer savings. U.S. Travel Forecast – Spending % ChangeSources: Tourism Economics and U.S. Travel Association, fall 2022International Inbound Profile Shifts: Where Did All the Renters Go? To no one’s surprise, the pandemic greatly affected travel, and overseas arrivals data proves this point. But with the dramatic decline in overseas travel to the U.S. in 2020, that declined to 40%.