Global tourism suffered its worst year on record in 2020, with international arrivals dropping by 74% according to the latest data from the World Tourism Organization (UNWTO). Destinations worldwide welcomed 1 billion fewer international arrivals in 2020 than in the previous year, due to an unprecedented fall in demand and widespread travel restrictions. This compares […]
International Tourism
Tourism spend: International visitors injected more than $127.3 billion into U.S. economy January-July
The U.S. Department of Commerce reports that international visitors spent an estimated $112.2 billion for the first six months of 2015, up approximately 1 percent over January-June 2014. Total spend rises to $127.3 billion for the first seven months. Conversely, U.S. resident spending abroad is up nearly 7% during the same period (January through June), […]