News for the Hospitality Executive |
December 27, 2011
- The U.S. Department of Commerce recently announced that international
visitors spent $13.1 billion on travel to, and tourism-related
activities
within, the United States during the month of October - nearly $1.6
billion
more (13%) than was spent in October 2010. Travel and tourism-related
exports
have increased, on average, more than $1.5 billion a month in 2011 and
are on
pace to break the record previously set in 2008 before the onset of
global
economic slowdown. The Office of Travel and Tourism Industries expects
industry-related exports to surpass $152 billion for 2011.
Americans have spent nearly $91.9 billion abroad year to date (up 8%) - resulting in a $34.9 billion trade surplus for travel and tourism through the first ten months of 2011. |
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 Website: www.tinet.ita.doc.gov Email: [email protected] |