u s travel tourism
U.S. Remains the World’s Most Powerful Travel & Tourism Market
The World Travel & Tourism Council | September 5, 2024
London, UK: The World Travel & Tourism Council today launched its 2024 Economic Impact Trends Report, which has revealed the U.S. as the world’s most powerful Travel & Tourism market, contributing a record-breaking $2.36 TN to the nation’s economy last year. Despite the slow return of spending from international travelers, the U.S. keeps pole position, with almost double the economic contribution of its nearest rival. Following a record-breaking year for Travel & Tourism, the sector continues to be the backbone to many country economies, while supporting millions of jobs globally. The latest report from the global tou...
U.S. Leads Global Travel & Tourism Rebound Says WTTC
The World Travel & Tourism Council | August 22, 2023
Strong outbound growth from US Travellers US Domestic Travel & Tourism market demonstrates its resilience Millions more American jobs since 2021 Las Vegas, USA: The World Travel & Tourism Council (WTTC), together with WTTC members ForwardKeys and Mabrian Technologies, today unveiled new insights into the strong expansion of the U.S. Travel & Tourism sector. According to WTTC’s Travel & Tourism Economic Impact 2023 Global Trends Report, the GDP contribution of the U.S. Travel & Tourism sector grew by 16.9% in 2022, to reach $2TN. Additionally, the sector also created 2.7MN more jobs compared to 2021. In 2023, ...
U.S. Retains Its Position as the World’s Biggest Travel & Tourism Market Despite Lengthy Travel Restrictions by Boosting Domestic Travel
World Travel & Tourism Council (WTTC) | September 8, 2022
UK sees biggest drop in the global rankings China and Germany hold onto second and third position London, UK - The latest World Travel & Tourism Council’s (WTTC) Economic Trends Report reveals the U.S. remains the world’s biggest and most powerful Travel & Tourism market. Its top ranking was reaffirmed, despite suffering long and damaging travel restrictions which did little to halt the spread of COVID-19 and only resulted in serious economic losses. However, while its number one position was retained, the U.S. Travel & Tourism sector’s contribution to the nation’s economy fell by US$700 billion in 2019, to just u...
U.S. Travel & Tourism Saw Labor Shortfall of Almost 700,000 in 2021
WTTC | December 16, 2021
A report from WTTC, which represents the global private Travel & Tourism sector, projects up to one in 13 jobs will likely remain unfilled in 2022 WTTC provides recommendations that governments and businesses can use to address labor shortage London (December 16, 2021): A new analysis of staff shortages by the World Travel & Tourism Council (WTTC), which represents the global private Travel & Tourism sector, reveals the sector realized a U.S. labor shortfall of almost 700,000 workers during 2021. According to the report, the outlook for 2022 is only slightly more positive, with approximately 480,000 direct* U.S. Travel &...
U.S. Travel & Tourism Rebounds in 2021, May Surpass Pre-Pandemic Levels in 2022
WTTC | November 15, 2021
London – November 15, 2021 – The latest research from the World Travel & Tourism Council (WTTC) reveals the U.S. Travel & Tourism sector could experience year-over-year growth of 35.6% in 2021, significantly outpacing the year’s overall global tourism recovery. The outlook is even more rosy for 2022, with the travel sector in the U.S. expected to grow by another 28.4%, reaching nearly $2 trillion of the U.S. economy for a contribution exceeding pre-pandemic levels. By comparison, in 2019, the U.S. Travel & Tourism sector’s contribution to GDP represented nearly $1.9 trillion (8.6% of the U.S. economy). However, in 20...
U.S. Travel and Tourism Satellite Account: Second Quarter 2015 Shows Growth for Employment
U.S. Department of Commerce | October 5, 2015
Total industry employment nears five-year high; 33,000 jobs added during Q2 WASHINGTON - The U.S. Department of Commerce recently announced that total travel and tourism-related employment rose 1.7 percent during the second quarter of 2015, now accounting for more than 8 million U.S. jobs. More than 33,000 jobs were added during the second quarter alone, bringing the number of jobs added in 2015 to more than 75,000 year to date. "The travel and tourism sector produces nearly $1.6 trillion a year in economic output and creates jobs here in the United States," said Under Secretary Selig. "The industry has enjoyed twenty-one consecutive qu...
