Published on : Saturday, March 15, 2014
According to a 2014 Economic Impact report for the U.S, released by the World Travel & Tourism Council (WTTC), overseas visitors spent a record-breaking $180.7 billion on U.S. trip in 2013, more than 9 percent increase from 2012.
Being the strongest “service export” for the U.S., travel and tourism contributes more than 28 percent of all U.S. service exports and nearly 8 percent of total U.S. exports according to WTTC.
Travel and tourism’s direct contribution to the U.S. economy rose by 2.6 percent last year and should increase an additional 3.5 percent this year.
Yet, according to David Scowsill, president and CEO, World Travel & Tourism Council (WTTC), the United States needs to ramp up efforts to make ease in more easily gaining visas for short-term business and international visitors.
He said it’s important for the U.S to take on more strategies that enable it to preserve its competitive position.
While verifying that visa assistance is letting more people to travel to the U.S., Scowsill stressed the financial advantage for the U.S. – higher international tourists’ arrival, better tourism revenue and more jobs.
Tags: Tourism News