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Gasoline Stations' Receipts Jumped 18.9 Percent Mainly Due To Higher Prices

March 2008 Industry Performance Indicators, IPI, revealed a decline in domestic air RPMs by 0.9 percent; while international air RPMs rose 6.9 percent, compared to March 2007. Hotel/motel room demand was down 2.5 percent and room revenue increased 1.8 percent from twelve months earlier. Airline employment was up 4.7 percent and lodging employment decreased 0.6 percent from March 2006. Compared to a year ago, demand for motor gas was up 0.1 percent; however, gasoline stations' receipts jumped 18.9 percent mainly due to much higher prices.

The IPI are a set of monthly measurements that provide a quick snapshot of recent trends in travel-related industry segments. Data are obtained from both the private sector and government sources. Please click here to access the current month's Indicators. TIA members can access the complete current and historical IPI database by clicking here.