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Sign in Sign up for a FREE subscriptionUnited States leads global travel and tourism rebound, says WTTC
The World Travel & Tourism Council (WTTC), together with WTTC members ForwardKeys and Mabrian Technologies, has unveiled new insights into the strong expansion of the U.S. travel and tourism sector.
According to WTTC’s Travel & Tourism Economic Impact 2023 Global Trends Report, the GDP contribution of the U.S. travel and tourism sector grew by 16.9 percent in 2022, to reach $2 trillion. In addition, the sector also created 2.7 million more jobs compared to 2021.
In 2023, WTTC forecasts the sector’s GDP contribution will reach $2.2 trillion and job numbers will total 17.4 million. This impressive growth was fueled by a strong resurgence in demand from international visitors, whose spending increased by more than 150 percent year-on-year, to reach $115.7 billion in 2022.
The report also shows that domestic visitor spend has nearly regained its pre-pandemic levels with figures reaching $1.18 trillion in 2022, close to the $1.2 trillion spent by
