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US Travel and Tourism Industries: A Year in Review

US Travel and Tourism Industries: A Year in Review

US Travel and Tourism Industries: A Year in Review

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U.S. <strong>Travel</strong> <strong>and</strong> <strong>Tourism</strong> <strong>Industries</strong>:A <strong>Year</strong> <strong>in</strong> <strong>Review</strong> (2009)U.S. <strong>Travel</strong> <strong>and</strong> <strong>Tourism</strong> ExportsTotal U.S. <strong>Travel</strong> & <strong>Tourism</strong> Exports• Total <strong>in</strong>ternational visitor spend<strong>in</strong>g <strong>in</strong> theUnited States dropped precipitously <strong>in</strong> 2009,result<strong>in</strong>g <strong>in</strong> a record-sett<strong>in</strong>g year-over-yeardecl<strong>in</strong>e of $21.0 billion (15%).• For perspective, the tragic attacks ofSeptember 11, 2001, facilitated a $13.3 billiondecl<strong>in</strong>e <strong>in</strong> U.S. travel <strong>and</strong> tourism-relatedexports (13%) when compared to 2000.Visitor Spend<strong>in</strong>g by Region• While European arrivals decl<strong>in</strong>ed by nearly10 percent <strong>in</strong> 2009, European spend<strong>in</strong>g <strong>in</strong> theUnited States decl<strong>in</strong>ed by more than 23 percent.Simply put, those who came spent less($11.6 billion) on travel <strong>and</strong> tourism-relatedgoods <strong>and</strong> services <strong>in</strong> 2009.• Visitors from the Asia/Pacific region curtailedtheir spend<strong>in</strong>g, too, spend<strong>in</strong>g $3.8 billionless <strong>in</strong> the United States <strong>in</strong> 2009.Visitor Spend<strong>in</strong>g by Country• U.K. visitor spend<strong>in</strong>g <strong>in</strong> the United Statesdropped appreciably <strong>in</strong> 2009; <strong>in</strong>deed, U.K. visitorsspent nearly $5.3 billion less (32%) <strong>in</strong> theUnited States <strong>in</strong> 2009 than they spent <strong>in</strong> 2008.• To put this decrease <strong>in</strong> perspective, thedecl<strong>in</strong>e <strong>in</strong> total U.K. visitor spend<strong>in</strong>g surpassesthe decl<strong>in</strong>es from Africa <strong>and</strong> the entire Asia <strong>and</strong>Pacific region...comb<strong>in</strong>ed.(r) = Revised* Lat<strong>in</strong> America <strong>and</strong> Other Western HemisphereI nternational Trade Adm<strong>in</strong>istration • Manufac tur<strong>in</strong>g <strong>and</strong> Ser vices • O ffice of <strong>Travel</strong> <strong>and</strong> <strong>Tourism</strong> I ndustries

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