international travel market
International Visitors Spent $10.4 Billion in December 2021
NTTO | February 8, 2022
Data recently released by the National Travel and Tourism Office (NTTO) show that in December 2021: • International visitors spent $10.4 billion on travel to, and tourism-related activities within, the United States, an increase of 108% when compared to December 2020. • Americans spent nearly $8.3 billion traveling abroad, yielding a balance of trade surplus of $2.1 billion for the month—the second month in a row during which the United States enjoyed a balance of trade surplus for travel and tourism. • International visitors spent nearly $80.1 billion on U.S. travel and tourism-related goods and services year to date (Janua...
U.S. Fall in Overseas Travel Market Share to Continue Through 2022
U.S. Travel Association | August 1, 2019
WASHINGTON -- August 1, 2019 -- The steep and steady decline in the U.S. share of the lucrative international travel market is set to continue until at least 2022, according to the latest forecast figures from the U.S. Travel Association. U.S. global long-haul travel market share is on a four-year slide since its previous high of 13.7% in 2015, falling to 11.7% in 2018. The decline in market share represents losses to the U.S. economy of 14 million international visitors, $59 billion in international traveler spending, and 120,000 U.S. jobs. But the market-share drop is now forecast to continue, dipping under 11% in 2022, the latest o...
