Travel Industry Outlook: Q3 2025
US travel trends show demand is uneven against a more guarded consumer spending environment
Demand across the travel and tourism industry remains mixed, and investment opportunities are narrowing. Amid tariff policy uncertainty, inflation expectations are expected have risen to nearly 5.9% in August. Additionally, travelers and consumers are saving more as ongoing geopolitical and macroeconomic uncertainty rises. At the same time, the shift from goods to services spending continues to shape travel behavior.
The Q3 2025 Travel Services Pulse explores the latest travel industry trends, future outlooks, and where value may still exist in a changing market.
Download the report now to uncover the few remaining attractive travel stock picks in this evolving sector.