United States is Losing Out on International Tourism
The United States is losing ground when it comes to attracting foreign tourists. U.S. Department of Commerce put out figures showing that international travel to the U.S. grew 3.5 percent last year. That sounds like good news, but in fact the US is falling behind because the global growth was at 7 percent.
America’s share of the global travel market dropped from 13.7 percent in 2015 to just 11.7 percent in 2018, according to the U.S. Travel Association.
A two percent drop is huge since tourism is a major industry in the states. In 2018 for example, international visitors to the U.S. spent $256 billion. A 2% bump would be another $5 billion.
Last year, travelers spent a total $1.1 trillion in the U.S. and directly supported 8.9 million U.S. jobs, according to the U.S. Travel Association.
Chinese tourism has been one of the factors in this decrease. They have recently issued several advisories for their citizens, regarding travel to the United States. Last year alone there were 3.2 million less Chinese visitors than the previous year.