International Visitor Spending Accounted for 25% of all U.S. Services Exports for the Month
The U.S. Department of Commerce recently announced that international visitors spent nearly $12.5 billion on travel to, and tourism-related activities within, the United States during the month of June - $1.0 billion more (9%) than was spent in June 2010 - marking the eighteenth straight month of growth in U.S. travel and tourism exports. Travel and tourism-related exports have increased, on average, more than $1.3 billion a month in 2011.
- Travel Receipts: Purchases of travel and tourism-related goods and services by international visitors traveling in the United States totaled $9.5 billion during June, an increase of 10 percent when compared to last year. These goods and services include food, lodging, recreation, gifts, entertainment, local transportation in the United States, and other items incidental to foreign travel.
- Passenger Fare Receipts: Fares received by U.S. carriers (and U.S. vessel operators) from international visitors increased by 7 percent to $2.9 billion for the month when compared to June 2010, despite decreasing 4 percent when compared to last month.
International visitors have spent an estimated $73.5 billion on U.S. travel and tourism-related goods and services year to date (January through June), an increase of 12 percent when compared to the same period last year. In fact, the U.S. travel and tourism industry is on pace for a record-setting year for travel and tourism-related exports.
Americans have spent nearly $53.6 billion abroad year to date (up 6%) - resulting in a $19.9 billion trade surplus for travel and tourism through the first half of 2011.
The Office of Travel and Tourism Industries (OTTI) is responsible for collecting, analyzing, and disseminating international travel and tourism statistics for the U.S. Travel and Tourism Statistical System.