h1

This is National Travel and Tourism Week!

May 12, 2010

Ron Erdmann is the Deputy Director, Office of Travel and Tourism Industries and  has been in the travel and tourism industry for more than 25 years and has spent more than 20 years of that time at the Department of Commerce.

National Travel and Tourism Week was formally established in 1983 when the U.S. Congress passed a joint resolution designating the week to be celebrated in May 1984. This year, we celebrate National Travel and Tourism Week May 8-16 and support the effort to promote the power of travel through customized events in communities nationwide. The goal is to enhance the country’s economy, security and perception, and recognize the cultural and social benefits created by travel and tourism.

A quiz in honor of National Tourism Week:

1.  Why is international travel to the U.S. an export?

2.  How much did international travelers spend in the U.S. in 2009?

3.  Can you name any of the top ten markets that generate travel exports for the country?

4.  Is tourism gaining or losing so far in 2010?

5.  Where can you find more information about the travel and tourism industry and its impact on the nation’s economy?

Answers:

  1. International travel is an export when visitors to this country spend their money on U.S. flag carriers to get to the country, or when they spend money on travel related items like lodging, food, attractions, shopping or other transportation within the country.
  2. In 2009, international visitors spent $121 billion here in the United States!  Even though that’s 15 percent less than what was received in 2008, it’s still the third highest travel export earnings the U.S. has ever seen!  The record year for spending?  2008 — $141 billion.  Check out the whole “year in review” for more interesting factoids and tidbits.
  3. Did you know that travel as an export is bigger than automotive vehicles ($81 billion) and agriculture ($93 billion)?  Travel is considered an export of services, and in 2009 it accounted for 24 percent of all services exports for the United States.
  4. Citizens from Canada, Mexico, Brazil, India, Japan, France, and Australia account for a large portion of international visitors to the United States. Travel exports from the top 10 markets have a major impact on the country, accounting for 61 percent of all travel exports for the U.S. — $74 billion.  Seven of these top 10 markets “outrank the average” by posting a greater than 24 percent share of overall services exports.  In these markets, travel leads the way as an important service export for the country. The full 2009 travel spending report is available and can provide much more detail on the activities of international visitors to the United States.
  5. While travel spending dipped in 2009 due to the global economic downturn that also caused world travel exports to decline for the second time since 2001, the good news is that spending by international visitors to the United States is starting to rebound.  In February 2010, after 15 straight months of declines in traveler spending, the USA saw a $2 million increase in travel exports for the month. Arrivals and spending by international travelers to the country are all available on the OTTI website.Arrivals and spending figures are reported each month and the most current information is through February 2010.  We encourage you to spend time exploring the many links to reports on the international travel market for this country.  This data can provide key insights on the shifts occurring in the international inbound market to this country and help you identify markets that may be right for you.

Check out the 11 world regional profiles and 22 country profiles offered to help guide this country to increase travel exports as part of President Obama’s National Export Initiative.

22 comments

  1. I’m surprised the UK wasn’t mentioned in answer 4. as so many of us keep invading Florida every year!


  2. I am delighted to hear that people form other nations still see our beautiful country as a top tourist destination. I do feel though that visitors do not come here primarily for the landmarks but for the vast beauty that is the “American” culture. America is a great nation not only because of its resources but the variety and the ever evolving nature of the American spirit.


  3. I believe if the United States wants to increase the number of visitors coming into the US they should venture into untapped markets through aggressive marketing such as the Middle east. It is a market flowing with alot of money with special emphasis on SAUDI Arabia and the UAE. A new culture is emerging out of the middle east where young people who are economically empowered want to associate with the affluent lifestyle of Americans and Europeans.Thus making leisure travels to The US and Europe. This is a market with huge potential if the right investment in resources are made.


  4. Ini adalah pasar yang sangat potensial jika investasi yang tepat di sumber daya dilakukan.


  5. This is a market with huge potential if the right investment in resources are made.


  6. I’m surprised the UK wasn’t mentioned in answer 4.


  7. I think it really increases the overall growth of the economy. Tourism is well-over a billion dollar a year business; it certainly can’t hurt the United States. I travel extensively and I see how tourism is such an impact in other countries. I have a really great membership that allows me to travel abroad so often. I see so many changes taken place through tourism it’s phenomenal.


  8. Tourism is not just billion dollar business but is too about presenting a country to visitors.


  9. I actually think the travel industry has not suffered as much as predicted in the economy because people still value their health and lowering stress. I’m glad to see U.S. tourism doing well.


  10. I am not sure how US tourism is prompted to Middle east countries. Surely there is a huge market there.


  11. This is a market with huge potential if the right investment in resources are made.


  12. Absolutely right on. A huge market with enormous potential if treate correctly.. Hope all goes well
    Downtown Hotels LA


  13. I believe that with the new middle east coming out of these revolts,The US should try to forge strong economic ties with the governments to come and harness the tourism potential that could come out of these new nations


  14. Surely there is a huge market there.


  15. So, why can’t airlines lower prices on international air travel since it’s such an economic stimulus?


  16. In fact, I think the travel industry has not suffered as much as expected in the economy because people still value their health and reduce stress. I am pleased to see tourism from America is doing well.


  17. The 2009 spending report was really interesting to see. I noticed in 2007 and 08 international visitor spending was up. 2009 down? same year obama was elected. Could this have anything to do with the down turn.


  18. it will be a great source of strong economy if we utilize the potentiality of the tourist sites and if we announce special offer to the tourists,i think they will be more interested.


  19. So lets support our country to increase travel exports as part of President Obama’s National Export Initiative


  20. I’m from the Philippines and a lot of rich people here travel to the States just for pleasure and shopping. I cannot imagine the amount of dollars they are spending there.


    • I actually think the travel industry has not suffered as much as predicted in the economy because people still value their health and lowering stress. I’m glad to see U.S. tourism doing well.


  21. We have seen a noticeable drop in tourism activity here in Atlanta.



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 411 other followers

%d bloggers like this: