US Department of Commerce predicts strong growth for international tra

US Department of Commerce predicts strong growth for international tra

first_imgThe U.S. Department of Commerce (DOC) projects international travel to the United States will continue to experience strong growth through 2019, based on the National Travel and Tourism Office’s 2014 Fall Travel Forecast.Visitor volume in 2014 is expected to increase 5.9 per cent and reach 73.9 million visitors who stay one or more nights in the United States, this growth would build on the 4.7 per cent increase in arrivals in 2013.According to the current forecast, the United States would see 3.3 per cent to 5.9 per cent annual growth rates in visitor volume over the 2014 to 2019 timeframe.By 2019 this growth would produce 88.3 million visitors each year into the country from international arrivals, which is a 27 per cent increase.All but two top 20 visitor origin countries are forecast to grow between 2013 and 2019. Countries with the largest total growth percentages are China (172 percent), Colombia (72 percent), India (47 percent), Brazil (43 percent), and Mexico (38 percent).Five countries are expected to account for 72 percent of the projected growth and they are Mexico, Canada, China, Brazil and the United Kingdom.If the fall 2014 Travel Forecast is realized through 2019, the current top ten countries will retain their status, however China will make the big move from number 7 in 2013 to number 3 in 2019.The U.S. travel forecast was prepared by research staff in the Department of Commerce and National Travel and Tourism Office using economic, demographic and social factorsSource = ETB News: Lewis Wisemanlast_img

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