Abstract

Tourism is one of the largest U.S. industries, serving millions of international and domestic tourists yearly. Tourists visit the U.S. to see natural wonders, cities, historic landmarks, and entertainment venues. Americans seek similar attractions as well as recreation and vacation areas. Tourism competes in the global market, so it is important to understand current trends in the U.S. travel industry. Therefore, this article offers insight into important trends and suggests strategies for policy makers involved in the travel and tourism industry.

Highlights

  • “Life is a journey.” How often have we heard that phrase or used it ourselves? It has been noted that it is humankind’s most appropriate metaphor

  • The travel and tourism industry is one of the few industries credited with producing a positive trade balance for the U.S economy

  • Tourism competes in a global market, and it is important to understand the current trends in rap — Rio de Janeiro 44(5):1125-137, Set./out. 2010

Read more

Summary

Introduction

“Life is a journey.” How often have we heard that phrase or used it ourselves? It has been noted that it is humankind’s most appropriate metaphor. International travelers to the United States spend $107.9 billion every year. Outbound market: The overall United States outbound market grew by 1% last year to a total of 64 million U.S residents traveling abroad, enabling it to post the fourth successive record for total U.S outbound travel This growth came entirely in travel to overseas regions, excluding Canada and Mexico, which experienced declines of one percent and three percent respectively (Otti, U.S Travel & Tourism Statistics Outbound). Outbound travel continues to lag when compared to other nations, most those in Europe Alarmed by this deteriorating situation, the U.S travel and tourism advisory released a report recommending a nationallycoordinated marketing and advertising campaign that communicates the common qualities of U.S destinations to stimulate growth in the tourism industry. 1/3 of respondents to Expedia’s 2005 survey reported that they did not take all their vacation days

Italy France Germany Brazil United Kingdom Canada Korea Japan
Fragile consumer confidence affecting travel decisions
Generational shifts
More demand by all travel segments for orientation and facilitation
Other trends
Family reunion travel
Youth sports travel
Findings
International travel
Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call