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International Visitors Spending

US travel and tourism exports experience first increase since 2008

US travel and tourism exports experience first increase since 2008
Image via etftrends.com

By eTN Staff Writer | May 05, 2010

For the first time since 2008, an increase in US travel and tourism-related exports was reported by the US Department of Commerce. According to the report, international visitors spent 2 percent more in February of this year than was spent in February of last year - nearly US$180 million more. Total spending on travel to the US and for tourism-related activities within the US totaled US$10.4 billion for the month.

Travel Receipts
Purchases of travel and tourism-related goods and services by international visitors traveling in the United States totaled US$8.2 billion during February, a increase of nearly 4 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 US carriers (and US vessel operators) from international visitors declined by nearly 6 percent to US$2.2 billion for the month, a decrease of US$134 million for the month when compared to February 2009.



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