Hotel Online
News for the Hospitality Executive

.

advertisement



U.S. Travel Industry to Add Nearly 100,000 Jobs by 2013
According to U.S. Travel Association Projections

Domestic Leisure Travel to Increase to Record High for 2013

 
Washington, D.C. November 5, 2012 – The U.S. Travel Association today projected increases in leisure, business and international inbound travel next year will enable the industry to add 98,800 American jobs by the end of 2013. Leisure travel is expected to rise 1.2 percent, business travel is projected to increase nearly one percent and international inbound travel will increase four percent. These job gains will increase direct travel industry employment to more than 7.6 million jobs next year.

"The focus of this election season has been how to put Americans back to work, and our industry is uniquely capable of adapting to economic upswings and creating jobs," said Roger Dow, president and CEO of the U.S. Travel Association. "Given our industry's immense potential not only nationally, but also for local and state economies, we call on the Administration and Members of Congress to build a plan for economic recovery that drives significant increases in travel."

Domestic Travel Overview

Domestic leisure travel is expected to increase 1.2 percent in 2013, a new record high, but the growth will be at a slower pace than during the past few years. While business travel volume will slow significantly next year to less than one percent, the number of business trips has grown steadily since the downturn in 2009 and is expected to see more positive growth in 2014. Total domestic travel spending, including leisure and business travel, will increase three percent.

"While the growth rate is more moderate than in previous years, leisure travel remains at an all-time high and is an indicator of rising consumer confidence," said David Huether, senior vice president of research and economics for the U.S. Travel Association. "Businesses continue to have a heightened focus on the value and bottom-line benefits of travel. We feel the slight increase in business travel next year continues to reflect demand for face-to-face meetings that drive growth and productivity."

International Inbound Travel

Total international inbound travel will increase four percent in 2013 while spending will grow 7.1 percent. The importance of global travel to the American economy continues to increase with international travelers now accounting for 15.1 percent of total travel spending in the U.S., up from 14.3 percent in 2011.

Overseas travel to the U.S. (excluding Canada and Mexico) will grow 4.3 percent, a slight decrease from last year's growth of 4.8 percent. While the numbers continue to trend upward, any slowdown in travel growth is of concern because overseas travelers contribute significantly more to the U.S. economy, spending an average of $4,300 per trip.

The U.S. Travel Association's industry forecast can be viewed here.

The U.S. Travel Association is the national, non-profit organization representing all components of the travel industry that generates $1.9 trillion in economic output and supports 14.4 million jobs. U.S. Travel's mission is to increase travel to and within the United States.  Visit www.ustravel.org.  Follow us on Twitter @ustravel
.
Contact:

Cathy Keefe
(202) 408-2183
[email protected]




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

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

Also See: Chris Thompson Selected as President and CEO of Brand USA / September 2012

Travel Exports Rise in July as Other Exports Fall; Travel Responsible for 12% of U.S. Export Gains for 2012 / September 2012

Travel Industry Continues to Put Americans Back to Work; Job Creation Outpaces Rest of Economy by Nearly 30% / September 2012

U.S. Travel Association Honors Tourism Marketing Organizations with Awards at Annual Educational Seminar for Tourism Organizations (ESTO); Diane Shober Named 2012 State Tourism Director of the Year / August 2012

U.S. Travel Association Transitions its Marketing Outlook Forum to Travel and Tourism Research Association; TTRA to Launch Global Travel Outlook Conference October 25-26 in Chicago / August 2012

Travel Industry Plays Key Role at Republican National Convention; Event Provides Perfect Opportunity to Advance the 2012 Vote Travel Campaign / August 2012

U.S. Travel Industry Continues to Help Drive Country's Economic Recovery; On Pace for Another Record-Setting Year with an 11% Increase Over 2011 / August 2012

Travel Industry Creating Jobs 26% Faster Than Rest of Economy / July 2012

Top Destination Leaders Gather for Inaugural Destination CEO Roundtable Hosted by the U.S. Travel Association / June 2012

Labor Union and Travel Industry Leaders Unite to Oppose Proposed San Mateo, California County Travel Taxes; Warn that Tax Hikes will Negatively Impact Local Economy / June 2012

Congressional Hearing Highlights U.S. Travel Industry as Key to Future Economic Growth / May 2012

An Open Letter to the Industry on the Preservation of Government Conferences / Roger Dow, President, U.S. Travel Association / May 2012

Travel Industry Continues as One of the Prime Drivers of U.S. Economic Recovery; Travel-Generated Employment Adds 48,700 Jobs in Q1 2012, Contributing 6.1% of all Non-Farm Jobs Added During the Same Period / May 2012

Survey Shows Proposed San Mateo County, California Tax Hike will Discourage Travel to the San Francisco Bay Area, Severely Affecting Local Economy; Travel Industry Urges Local Residents to Vote No on Measures T, U and X / May 2012

Travelhorizons Report Offers New Insight on US Travel; While Recovery Continues for Business Travel Intentions, Americans Remain Tentative about Near-Term Leisure Travel Plans / April 2012

U.S. Travel Association President and CEO Testifies in Support of Jobs Originated through Launching Travel (JOLT) Act; Urges Expansion of Visa Waiver Program to Simplify Process for Visitors to the U.S. without Compromising Security / March 2012

Rossi Ralenkotter, CEO of the Las Vegas Convention and Visitors Authority, Calls for National Agenda to Strengthen Meetings Industry; Commences Term as Chair of the U.S. Travel Association / March 2012

Travel Employment Outpaces Rest of U.S. Economy by 34%; More than Half of the Travel Industry Jobs Lost During Recession Have Been Recovered / March 2012

U.S. Travel Association Launches 2012 Vote Travel Campaign; Plans to have a Significant Presence at the Upcoming Political Party Conventions and Host Nationwide Rallies and Events to Raise Travel Industry Profile / January 2012

U.S. Travel Association Analysis Shows Travel Employment Rebound in December with the Travel Industry Creating Jobs at a Faster Rate than the Rest of the Economy / January 2012

U.S. Travel Association Issues Statement on President Obama's Jobs Speech / September 2011

U.S. Travel Association Discusses Impact of 9/11 on Travel Industry; Releases Principles for Building a More Secure and Efficient U.S. Travel System / August 2011

Analysis of Labor Department Report Shows that the Travel Industry Accounts for More than 1 in 10 Jobs Created in 2011; Travel Jobs Continue to Increase for Eighth Consecutive Month / August 2011

U.S. Travel Association Releases Comprehensive Analysis Proving Tourism Promotion Campaigns Increase Visitation Resulting in More Jobs, State and Local Tax Revenue / July 2011

U.S. Travel Association Releases New Research Results Showing 49% of Travelers Alter Plans Due to High Travel Taxes; Launches Travel Tax Institute / April 2011

Roger Dow, President & CEO of the US Travel Association, Awarded the Spirit of Hospitality Award at Destination & Travel Foundation Dinner / February 2011
.

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.