Hotel Online
News for the Hospitality Executive


 

advertisements


U.S. Travel and Tourism Report Highlights Increased Spending of International
Visitors to the U.S. by $134.4 Billion in 2010 Compared to 2009

May 17, 2011 - The Office of Travel and Tourism Industries recently published its annual United States Travel and Tourism Exports, Imports, and the Balance of Trade report for 2010. Put simply, U.S. travel and tourism-related exports rebounded in 2010, following the precipitous drop in 2009 that resulted in a record-setting year-over-year decline of $21.0 billion (15%).
  • International visitors spent $134.4 billion experiencing the United States in 2010, averaging nearly $1.2 billion more a month than was spent in 2009.
  • Americans increased their travel-related spending abroad, too. In 2010 Americans spent $102.7 billion abroad, nearly 4 percent more than was spent in 2009.
  • The United States enjoyed a $31.7 billion trade surplus for travel and tourism last year, 50 percent more favorable than the $21.1 billion surplus in 2009 and the largest trade surplus on record.
  • U.S. travel and tourism-related exports accounted for 25 percent of all U.S. services exports and 7 percent of all exports, goods and services alike.
  • Travel and tourism exports to the Asia/Pacific region increased nearly 18 percent, the largest increase of any world region; indeed, international visitors from China, Singapore, and South Korea increased their tourism-related spending by 39 percent, 31 percent, and 30 percent, respectively.
  • Six of the top ten markets for U.S. travel and tourism-related exports posted double-digit gains in 2010; of the twenty-one preliminary countries reported, twelve countries produced double-digit gains and six countries generated record-level spending in 2010.
  • In fact every single country and region reported gains in total travel and tourism-related spending in the United States in 2010, except France and Belgium/Luxembourg. U.S. travel and tourism-related exports to visitors from France declined 1 percent in 2010, while exports to travelers from Belgium/Luxembourg declined 5 percent last year.
To view the United States Travel and Tourism Exports, Imports, and the Balance of Trade: 2010 report in its entirety, please visit:
<http://tinet.ita.doc.gov/outreachpages/download_data_table/2010_International_Visitor_Spending.pdf >.

The Office of Travel and Tourism also released its Top 10 International Markets: Visitation and Spending report for 2009. To view this report, please visit: <http://tinet.ita.doc.gov/pdf/2010-Top-10-Markets.pdf >.

The U.S. Office of Travel and Tourism Industries (OTTI) is responsible for collecting, analyzing, and disseminating international travel and tourism statistics for the U.S. Travel and Tourism Statistical System.
.
Contact:

U.S. Department of Commerce
International Trade Administration
Office of Travel and Tourism Industries (OTTI)
1401 Constitution Avenue NW, Room 1003
Washington, D.C. 20230
Phone:(202) 482-0140; Fax: (202) 482-2887
Website: www.tinet.ita.doc.gov
Email: Tinet_info@ita.doc.gov



Receive Your Hospitality Industry Headlines via Email for Free! Subscribe Here

To Learn More About Your News Being Published on Hotel-Online Inquire Here


Recent News
 
U.S. Travel and Tourism Satellite Accounts Reports Fourth Quarter 2010; Fourth Consecutive Quarter of Growth for Travel and Tourism Spending / May 2011
U.S. Travel and Tourism Satellite Accounts Reports First Quarter 2010; Growth of Travel and Tourism Spending Outpaced the Growth of U.S. Economy / July 2010
U.S. Department of Commerce Reports that International Visitors to the U.S. Up 22% in February 2010, the Fifth Straight Month of Increases; Spending at $10.5 billion for the Month / May 2010
U.S. Department of Commerce Reports that International Visitors to the U.S. Up 10% in January 2010, the Fourth Straight Month of Increases; Spending at $10.3 billion for the Month / April 2010
U.S. Department of Commerce Reports that U.S. International Air Travel Abroad Down 3% in 2009 / April 2010

 .


To search Hotel Online data base of News and Trends Go to Hotel.OnlineSearch

Home | Welcome | Hospitality News
| Industry Resources

Please contact Hotel.Online with your comments and suggestions.