The United States travel and tourism industry is one of the fastest growing sectors and doesn't seem to be slowing down.
The travel and tourism sector grew at an annualized rate of 2.5 percent in the third quarter of 2013. Not only is the industry growing along with the economy, it's doing so despite a slowing growth in prices.
Direct travel spending in the US by domestic and international travelers grew 5.3 percent to $855.4 billion last year. Of this total, $128.6 billion was spent by international travelers visiting the United States.
During 2012, 66.97 million foreign travelers came to the United States. Of these, 59.5 million or 89 percent came from 20 foreign countries.
Travel visits 2012
Country | Arrival |
---|---|
Canada | 22,698,986 |
Mexico | 14,509,341 |
UK | 3,763,381 |
Japan | 3,698,073 |
Germany | 1,895,952 |
Brazil | 1,791,103 |
China | 1,474,408 |
France | 1,455,720 |
South Korea | 1,455,720 |
Australia | 1,122,180 |
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