Hotel Online
News for the Hospitality Executive



advertisement



Spending by International Visitors to the U. S. Increased by
$350 Million, a 3% Boost, in July 2012 Over July 2011

September 21, 2012 - The U.S. Department of Commerce today announced that international visitors spent an estimated $13.7 billion on travel to, and tourism-related activities within, the United States during the month of July - $350 million (3 percent) more than was spent in July 2011. Travel and tourism-related exports have increased, on average, more than $1.1 billion a month during the first seven months of 2012.

“The travel data released today shows that tourism remains one of the bright spots in our economy, and the travel and tourism industry is on pace to reach record export levels this year,” said Acting U.S. Commerce Secretary Rebecca Blank. “The Obama Administration's number one priority remains strengthening our economy and creating jobs, and making the U.S. the top destination for international visitors will help us reach that goal.”

International visitors spent an estimated $10.5 billion on travel and tourism-related goods and services while traveling within the United States in July 2012 - an increase of four percent when compared to last year. These goods and services include food, lodging, recreation, gifts, entertainment, local transportation in the United States, and other items incidental to foreign travel.

Year to date, international visitors have spent an estimated $95.4 billion on U.S. travel and tourism-related goods and services - an increase of more than nine percent when compared to the same period last year.

Also today, the Commerce Department's Bureau of Economic Analysis (BEA) released Travel and Tourism Satellite Accounts estimates for the second quarter of 2012. These accounts present a detailed picture of travel and tourism activity and its role in the U.S. economy, presenting estimates of spending by tourists, or visitors, on six categories of goods and serviced as well as estimates of the employment generated by travel and tourism and their related industries. Today's data reveal that real spending on travel and tourism increased at an annual rate of 2.1 percent in the second quarter of 2012 after increasing 4.9 percent (revised) in the first quarter of 2012.

In the second quarter of 2012, the travel and tourism industry supported 7.6 million jobs - with international travel supporting 1.2 million of those jobs.

All of these numbers underscore the importance of the travel and tourism industry to the U.S. economy - and the Administration's efforts to attract more international visitors to the United States - including welcoming them when they arrive.

Also today, the White House released a progress report from the Departments of State and Homeland Security that outlines the activities underway to meet the President's goal of boosting the travel and tourism industry in the United States. This report discusses the steps taken to achieve the President's visa and foreign visitor processing goals and the current progress of these and other measures to significantly bolster international travel and tourism.

These efforts are all part of the National Travel and Tourism Strategy, which the U.S. Departments of Commerce and Interior presented to the president in May, as a blueprint to increase international travel to the United States in order to build on this growing sector of the economy. The strategy lays out concrete steps to be taken in five key areas, in addition to the goal of increasing international visitors to the United States. As part of those efforts, the Commerce Department is continuing to supply the travel and tourism industry with important data, including international arrivals to the U.S., the forecast of international travel to America for more than 30 countries, and estimates of the total impact of travel and tourism on the economy, among other services.

To learn more about Commerce's efforts to promote travel and tourism within the U.S., visit http://tinet.ita.doc.gov/.

The 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.

For more travel and tourism-related trade data dating to 1992, please visit:
http://tinet.ita.doc.gov/outreachpages/download_data_table/Monthly_Exports_Imports_Balance.xls
.
Contact:

U.S. Department of Commerce
International Trade Administration
Office of Travel and Tourism Industries (OTTI)
1401 Constitution Avenue, NW, Room 1003
Washington, DC 20230
Phone: (202) 482-0140
Fax: (202) 482-2887
Email: otti@trade.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. Commerce Department Data Confirms Record-Setting Pace for International Visitor Spending in May 2012 / July 2012
U.S. Department of Commerce Sponsored Travel Trade Barometer Survey Indicates Travel to the U.S. from the U.K. to Remain Flat while Travel from Germany will Show Solid Growth / July 2012
U.S. Travel and Tourism Report Highlights 2011 Increased Spending of International Visitors to the U.S. by 14% when Compared to 2010; Previous Spending Record Set in 2008 Broken by $11.6 Billion / June 2012
Spending by International Visitors to the U.S. Surges by $1.5 Billion in March, a 13% Increase Over March 2011 / May 2012
After a Record-breaking 2011, the Growth for U.S. Travel and Tourism Exports Continues into 2012; U.S. Department of Commerce Report Shows International Visitor Spending Increase of 7% in January 2012 Over 2011 / April 2012
U. S. Department of Commerce Figures Show Travel and Tourism-related Exports have Increased, on Average, More than $1.5 billion a Month in 2011; When Year-end Results Compiled Tourism Industry Exports will Set all-time Record for the Year / February 2012
The U.S. Department of Commerce Releases Details for the FY 2012 Market Development Cooperator Program Grant Award Competition; Grant Applications Due February 21, 2012 / January 2012
Coinciding with Presidential Visit, U.S. Secretary of Commerce John Bryson Welcomes 32 New Travel and Tourism Advisory Board Members / January 2012
President Obama Takes Actions to Increase Travel and Tourism in the United States; Launches Initiatives Aimed at Improving Secure Visa Processing and Better Promoting the U.S. as a Tourism Destination / January 2012
The U.S. Department of Commerce Reports Third Quarter 2011 as the Sixth Consecutive Quarter of Growth in Travel and Tourism-related Employment / January 2012
2011 Spending by International Visitors to the U.S. Through October 2011 Increased 14% Over the Same Period in 2010; Industry on Pace to Set All-Time Record for Tourism-Related Exports / December 2011
Webinar Scheduled to Provide Analysis of Russian Inbound Tourism to the United States, One of the Fastest Growing Tourism Markets; Hosted by U.S. Department of Commerce, Office of Travel & Tourism Industries and the Commercial Service Travel & Tourism Team / December 2011
U.S. Department of Commerce, Office of Travel & Tourism Industries Releases The Year in Review Report for 2010; Markedly Improved 2010 Data Suggests Economic Recovery Has Begun for the Industry / November 2011
Reminder - One Week Remains - Department of Commerce Seeking Applications for Membership on the U.S. Travel and Tourism Advisory Board; Application Window Closes on Friday, September 16, 2011 / September 2011
Department of Commerce Seeking Applications for Membership on the U.S. Travel and Tourism Advisory Board; Application Deadline September 16, 2011 / August 2011
U.S. Department of Commerce Sponsored China Travel Trade Barometer Survey Reports Increase in Bookings from China to the U.S. in Second Quarter of 2011 and Projects Bookings to Remain Strong Through the Fourth Quarter / July 2011
U.S. Department Of Commerce Posts Request For Proposals From Vendors for the Administration of the Survey of International Air Travelers Program; RFP Packages Due August 8, 2011 / July 2011
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 2011
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.