The stronger U.S. dollar is having an impact on tourism spending both within the United States and internationally, according to the latest figures released by the U.S. Department of Commerce’s National Travel & Tourism Office (NTTO). The more expensive dollar resulted in international visitors spending nearly $265 million less in the month of October this […]
Tourism Numbers
IATA lowers air passenger forecast for long-term demand to 2034
The International Air Transport Association (IATA) has updated its passenger growth forecast, lowering its estimate of passenger numbers to 7 billion by 2034. Previously, IATA forecast 7.4 billion passengers in 2034 based on a 4.1% average annual growth rate. The revised result reflects negative developments in the global economy that are expected to dampen demand […]
UNWTO: International tourism on track to end 2014 with record numbers – the Americas lead growth
International tourism is set to hit a new record by the end of 2014 with over 1.1 billion international tourists traveling the world in a single year. During the first ten months of 2014, the number of international tourists grew by 5% according to the latest UNWTO World Tourism Barometer, rising above expectations. Between January […]
