Saturday, November 9, 2024 The latest figures from the National Travel and Tourism Office (NTTO) reveal a thriving landscape for travel and tourism in the United States. In September 2024, international visitors funneled approximately $21.0 billion into travel-related activities, showcasing an impressive 7 percent increase compared to the same month last year.
Conversely, American travelers spent over $20.4 billion on trips abroad during this period, resulting in a notable trade surplus of $608 million in travel and tourism goods and services. From January through September 2024, international tourists contributed nearly $189.
3 billion to the U.S. travel and tourism sector, reflecting a substantial 14 percent growth from 2023.
This influx averages around $693 million daily into the U.S. economy.
In September alone, travel and tourism exports accounted for 22.9 percent of total U.S.
services exports and 7.8 percent of all U.S.
exports, which includes both goods and services. In September 2024, international visitors spent a remarkable $11.9 billion on various travel and tourism-related goods and services.
This marks an increase from $10.7 billion recorded in September 2023, translating to an 11 percent rise year-over-year. This spending encompasses a wide array of expenses, including dining, accommodations, leisure activities, shopping for gifts, local transportation, and other incidental costs associated with foreign travel.
Travel receipts alone made up 57 percent of the tot.
