The Potential for Growing U.S. Travel and Tourism Exports PDF Download
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Author: Maksim Belenkiy
Publisher:
ISBN:
Category : Tourism
Languages : en
Pages : 18
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Book Description
Author: Maksim Belenkiy
Publisher:
ISBN:
Category : Tourism
Languages : en
Pages : 18
Get Book Here
Book Description
Author: Maksim Belenkiy
Publisher:
ISBN:
Category : Tourism
Languages : en
Pages : 18
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Book Description
Author: International Trade Administration
Publisher: CreateSpace
ISBN: 9781500319038
Category : Political Science
Languages : en
Pages : 24
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Book Description
Despite the recent global recession, international travel flows have remained high. According to the United Nations World Tourism Organization, there were a total of 880 million world-wide travelers in 2009, and 940 million in 2010. Within the Americas, the United States remains the top destination. Globally, the United States has been the second most popular destination for the past two years. Nevertheless, there is significant room to grow exports in travel services by increasing the U.S. share of international travelers. The travel and tourism industry plays an important role in achieving the National Export Initiative goal of doubling exports by the end of 2014. In fact, the President's Export Council and the President's Jobs and Competitiveness Council both highlight the benefits of this sector and make recommendations to increase the number of visitors to the United States. Furthermore, the President on January 19, 2012, signed Executive Order 13597, Establishing Visa and Foreign Visitor Processing Goals and the Task Force On Travel Competitiveness. In 2011, 63 million international visitors to the United States accounted for a total of $153 billion in travel and tourism exports, or 25 percent of total U.S. services exports. Spending in the U.S. (travel receipts) totaled $116 billion and passenger fare receipts (spending on U.S. carriers) were $37 billion. Overseas travelers (excluding Canadians and Mexicans by land) to the United States totaled 27.9 million visitors who spent a total of $120 billion, $90 billion of which was for travel receipts and $30 billion on airfare receipts. These expenditures are one of the largest categories of U.S. services exports with leisure travelers being the largest consumers of travel services. Visitors to the United States fall into two categories: those that need a visa to enter and those that do not. Over the past 10 years, travel expenditures of visitors who need a visa to enter the United States have increased by 13 percent. According to the 2009 Survey of International Air Travelers (SIAT), the average duration of leisure trips for visitors to the United States who need a visa is nearly five nights longer that for visa-free visitors. In this brief, we assess the contribution of overseas leisure travelers (except those from Canada and Mexico by land) that need a visa to enter the United States because this group can play an important role in growing exports in U.S. travel services. For calculating travel expenditures it is necessary to carefully account for shares of visa required and visa-free travelers. For example, some residents of non-Visa Waiver Program (VWP) countries hold passports from VWP countries and can travel to the United States visa free. The Department of Homeland Security (DHS) regulates the Visa Waiver Program, a program under which citizens from participating countries do not require visas for short-term (90 day) leisure travel to the United States. Currently, 36 countries participate in the VWP, and most of the participating countries are developed market economies. While only 20 percent of the countries represented by visitors to the United States are VWP counties, they account for 40 percent of all non-Canadian arrivals. This implies that 60 percent of non-Canadian international travelers require a visa to enter to the United States.
Author: United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Competitiveness, Innovation, and Export Promotion
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 130
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Book Description
Author: United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Competitiveness, Innovation, and Export Promotion
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 66
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Book Description
Author: Daniel Barnes
Publisher: Nova Science Publishers
ISBN: 9781622576555
Category : Tourism
Languages : en
Pages : 0
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Book Description
This book examines the travel and tourism industry in the United States which are critical to the American economy. This growing industry offers significant potential for job creation across all regions of the country. Federal policies on matters ranging from national security to transportation and from trade to natural resources management affect travel and tourism, and its potential for growth. In a global economy, a range of businesses depend on travel and tourism policies to enable clients, customers, and colleagues to conduct business in the United States. In addition, ensuring that international visitors have a positive experience in America is an essential component of our public diplomacy and U.S. foreign policy.
Author: United States. Congress. House. Committee on Small Business. Subcommittee on Export Opportunities and Special Small Business Problems
Publisher:
ISBN:
Category : Small business
Languages : en
Pages : 76
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Book Description
Author: Daniel Barnes
Publisher:
ISBN: 9781622576562
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 150
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Book Description
This book examines the travel and tourism industry in the United States which are critical to the American economy. This growing industry offers significant potential for job creation across all regions of the country. Federal policies on matters ranging from national security to transportation and from trade to natural resources management affect travel and tourism, and its potential for growth. In a global economy, a range of businesses depend on travel and tourism policies to enable clients, customers, and colleagues to conduct business in the United States. In addition, ensuring that international visitors have a positive experience in America is an essential component of our public diplomacy and U.S. foreign policy.
Author:
Publisher:
ISBN:
Category : Tourism
Languages : en
Pages : 174
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Book Description
Author: Competitiveness Subcommittee on Tourism
Publisher: Createspace Independent Publishing Platform
ISBN: 9781512185713
Category :
Languages : en
Pages : 120
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Book Description
The travel and tourism industry is a major economic driver and job creator in this country. It generates trillions of dollars in economic output, making it our top services export, and supports more than 14 million American jobs. When international travelers come to the United States, they spend an average of $4,400 on food, lodging, transportation, and entertainment, which is directly infused into local economies. Over the past decade, international visitors to the United States have increased from 40 million to nearly 70 million. The United States holds the leading global share of international traveler spending. We are now seeing double digit growth in the number of visitors from China and Brazil, the only two countries in America's top 10 markets that are not members of the Visa Waiver Program. While international arrivals are increasing, our overall share of the global market is decreasing. This market is growing due to the rise of tourism and new emerging economies, so we must be proactive to grow our leading market share.
