Immediate Release: Wednesday, June 13, 2001
Dyke, 202-482-4883 or Curt Cultice, 202-482-3809
Department Predicts Record-Setting Travel To U.S. This Year
says Growth to Continue through 2004
A record setting
52.9 million international travelers will visit the United States
this year, pumping almost $116 billion into the American economy,
according to a revised international travel forecast released by
the U.S. Department of Commerce's Tourism Industries Office today.
The inbound travel forecast predicts the number of arrivals this
year will increase by over 2 million or 5 percent more than in 2000,
with continued healthy growth through 2004.
"I am proud
of America's standing as a top international travel destination,
an industry which helps grow our economy and supports more than
1.1 million U.S. jobs," said Commerce Secretary Don Evans. "We expect
2001 will mark the twelfth consecutive year of a travel trade surplus
to the US balance of trade."
America's fourth largest export category, and the Tourism Industries'
forecast shows continual growth in international travel to the U.S.
from 2001 through 2004. Last year, 50.9 million international visitors
contributed $106 billion in revenues to the U.S. economy. In three
years, the number of international visitors to the U.S. is expected
to grow to 60.9 million--a 20 percent increase from 2000.
economic growth in Europe and Asia is key to long-term growth
in U.S. visitor arrivals in the new millennium. Europe is projected
to see its eighth straight year of increased visitation to America,
maintaining its role as the top generating overseas region.
from Europe are expected to surpass 13 million by 2004, an increase
of 19 percent over 2000.
- Asian visitors
are forecasted to almost reach 9.3 million by 2004, or a 23 percent
growth over the 2000 arrivals total, primarily due to Japanese
and South Korean growths in forecasted travelers.
- During that
same period, visitors from South America are projected to outpace
the overall growth with 22 percent to reach 3.6 million.
from the Caribbean are estimated to reach 1.5 million, while Central
America will approach nearly 1 million visitors by 2004.
from Canada should continue to show growth for the next five years,
reaching 18 million arrivals by 2004, maintaining its top market
position. Canada is followed by less optimistic growth from Mexico
(14 percent) as the second key national market to the United States.
data reflect current world economic indicators and use a relationship
between past historical international arrival levels to project
upcoming visitation for the next several years. The data will be
used by the U.S. travel industry to develop strategic analyses of
plans to attract even greater numbers of travelers and to expand
the export earnings generated from international travel to the country.
was released at the 32nd annual Travel and Tourism Research
Association Conference in Ft. Myers, Florida. The forecast was developed
by the US Department of Commerce with the support of DRI-WEFA, a
Global Insight Company specializing in economic analysis and forecasts.
covers more than 30 countries and all world regions. For more information
on the forecast, visit the International Trade Administration's
Tourism Industries Internet site at http://tinet.ita.doc.gov