• Loading ...
  • Loading ...

Accommodation Cooktown

Latest News Accommodation Cooktown

When Will US Inbound Travel Fully Recover?

18 Mar 2023 By travelpulse

When Will US Inbound Travel Fully Recover?

For the first time since the pandemic, the National Travel and Tourism Office (NTTO) released its international visitation forecast.

According to the NTTO data, inbound travel is expected to fully recover to pre-pandemic levels in 2025 and reach 91 million international visitations by 2027, which is in line with the government's recently-announced National Travel and Tourism Strategy.

"We are hopeful that a path to 90 million by 2027 remains achievable, but this requires that the right policies are put in place and the continued strength of Brand USA so that the U.S. remains a top destination in an increasingly competitive environment," U.S. Travel Association Economist Aaron Szyf said.

The study found that total visitations in 2023 would reach 79 percent of pre-pandemic levels, as tourism numbers from China and Japan remained depressed. As for Canada, this year's numbers will stay at 81 percent of 2019 levels.

"At the same time, we do hope that this forecast will turn out to be 'too conservative,' especially as it relates to Canada, from where we have seen incredible growth throughout 2022," Szyf continued.

In 2024, the recovery is expected to increase significantly, reaching 94 percent of pre-pandemic totals. NTTO projects that inbound travel will get 115 percent of 2019 levels by 2027.

Last month, the World Travel & Tourism Council (WTTC) released a study that found travel's recovery in the U.S. could rebound strongly in 2022. The tourism industry could reach $2 trillion in GDP contribution and exceed pre-pandemic levels by 6.2 percent.

Data suggests the U.S. domestic travel spending could reach more than $1.1 trillion annually, surpassing pre-pandemic levels by 11.3 percent. International traveler spending could see a growth of $113 billion during the year, reaching nearly $155 billion, 14 percent less than 2019 levels.

For the latest travel news, updates and deals, subscribe to the daily TravelPulse newsletter.

More News

Elon Musk broke law with threat to Tesla workers’ stock options, court rules
Elon Musk broke law with threat to Tesla workers’ stock options, court rules
Italy’s privacy watchdog bans ChatGPT over data breach concerns
Italy’s privacy watchdog bans ChatGPT over data breach concerns
Amazon workers in Coventry announce six new strike dates
Amazon workers in Coventry announce six new strike dates
TikTok: why the app with 1bn users faces a fight for its existence
TikTok: why the app with 1bn users faces a fight for its existence
Trump loses, Paltrow wins: Twitter marks a historic afternoon for America
Trump loses, Paltrow wins: Twitter marks a historic afternoon for America
Programmers, beware: ChatGPT has ruined your magic trick | John Naughton
Programmers, beware: ChatGPT has ruined your magic trick | John Naughton
Misinformation, mistakes and the Pope in a puffer: what rapidly evolving AI can – and can’t – do
Misinformation, mistakes and the Pope in a puffer: what rapidly evolving AI can – and can’t – do
Letter signed by Elon Musk demanding AI research pause sparks controversy
Letter signed by Elon Musk demanding AI research pause sparks controversy
‘You’d be bloody mad not to’: eager passengers make the most of Victoria’s regional fare cap
‘You’d be bloody mad not to’: eager passengers make the most of Victoria’s regional fare cap
‘He’s broken the mould of what a politician should look like’: the Brisbane councillor who reshaped the Greens
‘He’s broken the mould of what a politician should look like’: the Brisbane councillor who reshaped the Greens
‘Algebra under air raids’: the children in a Ukraine war zone who attend class in Australia
‘Algebra under air raids’: the children in a Ukraine war zone who attend class in Australia
Eyes on the sky: the air-traffic controllers watching 11% of the world’s airspace
Eyes on the sky: the air-traffic controllers watching 11% of the world’s airspace
‘Once-in-a-generation opportunity’: Why the RBA is under review – and what happens next?
‘Once-in-a-generation opportunity’: Why the RBA is under review – and what happens next?
Australia’s soaring interest rates have trapped ‘mortgage prisoners’ into crushing repayments
Australia’s soaring interest rates have trapped ‘mortgage prisoners’ into crushing repayments
Wipeout beckons for Liberals after Aston byelection and the problem is not just Peter Dutton | Paul Karp
Wipeout beckons for Liberals after Aston byelection and the problem is not just Peter Dutton | Paul Karp
Aston byelection: Labor achieves once-in-a-century victory capturing Liberal heartland seat
Aston byelection: Labor achieves once-in-a-century victory capturing Liberal heartland seat
Progressives decry Biden’s pivot to center in run-up to 2024: ‘Feet to the fire’
Progressives decry Biden’s pivot to center in run-up to 2024: ‘Feet to the fire’
Who is Alvin Bragg, the DA who got a grand jury to indict Donald Trump?
Who is Alvin Bragg, the DA who got a grand jury to indict Donald Trump?
What does Donald Trump’s indictment say about US democracy? | Jan-Werner Mueller
What does Donald Trump’s indictment say about US democracy? | Jan-Werner Mueller
Hush money to a porn star: of course this was how Trump was indicted | Moira Donegan
Hush money to a porn star: of course this was how Trump was indicted | Moira Donegan
Latest News

copyright © 2023 Accommodation Cooktown.   All rights reserved.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z