ACRO Global Tourism Marketer

FREE Download: “The Definitive Guide to Choosing the Best Google Search Agency for Your Business”
FREE Guide: Grow Your Business with Google
My New FREE Guide explains in plain English how Google Ads and SEO work, why you need to work with a professional agency, and how to find the best Google Search agency. Don't fall for PPC and SEO scams. Find the best agency for your business, and start making more money!
Get your FREE Guide!

Travel and tourism made record contribution to US economy in 2023
By
28 April 2024

Share This Article

$2.36 trillion, up 7% from 2022

Travel and tourism made record contribution to US economy in 2023

A new report from the World Travel & Tourism Council (WTTC) shows that travel and tourism contributed an all-time high $2.36 trillion to the US economy in 2023, up 7% vs. 2022, and $100B more than in the previous top year 2019.

Sector jobs grew by 656,000 to 18.0M, breaking previous record of 17.4M.

Although domestic spend was up 9% from 2019, spend by international visitors still lagged 2019 level by more than 25%.

WTTC President & CEO Julia Simpson said:

"The U.S. government has supported Travel & Tourism, but international visitor spend is still below 2019 numbers. A focus on visa processing, queues at borders, and staffing would give the sector a vital lift in advance of the FIFA World Cup and the Olympics.”

For 2024, WTTC predicts a sector contribution to the US economy of more than $2.5 trillion - 9% of total - but with international visitor spend continuing to lag 2019 level by more than $20 billion.

Comment: For more on why US international visitation and spend are lagging, see recent articles in the Asia-Pacific/China category .


David Boggs President/CEO ACRO Global|Publisher Tourism Marketer
David H. Boggs
President/CEO
ACRO Global
Publisher
TourismMarketer

View David Boggs's profile on LinkedIn

Google Certifications - David H Boggs
Subscribe to my blog


Website
Visit Website
Rating
4/5 based on 1 vote.
Show Individual Votes
Views 40 views. Averaging 40 views per day.
Related Articles
External Article:
Post Reply


Quick Reply
Your Name:
Your Comment:


You may use BB Codes in your message.
Spam Prevention:

Previous Article | Next Article