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>Research Now >Industry Indicators >Travel Price Index
Travel Prices Increase 8.0 Percent in March
The March Travel Price Index, the TPI, rose 8.0 percent compared to March 2007. Gasoline price jumped 26.4 percent from one year ago. Lodging prices were up 5.0 percent compared to March 2007 and 3.9 percent from last month. Airfares increased 10.2 percent against twelve months earlier and 4.0 percent from previous month. The Consumer Price Index, or CPI-U, was up 4.0 percent from March 2007.
Developed by TIA, the Travel Price Index (TPI) measures the seasonally unadjusted inflation rate of the cost of travel away from home in the United States. The TPI is based on U.S. Department of Labor price data collected for the monthly Consumer Price Index (CPI). The TPI is released monthly and is directly comparable to the CPI. Please click here to access the current month Index. TIA members can access the complete current and historical TPI database by clicking here.
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