Regional Tourism - US - April 2017
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The travel market remains strong as tourism spending by both Americans and international travelers grew by 8% from 2011-16 to reach an estimated $944.2 billion. The market is forecast to grow by an additional 20% over the next five years, to surpass $1 trillion by 2021. While transportation accounts for about four in 10 dollars, costs have declined due to low fuel prices, and travelers have reallocated funds toward accommodations, food drinking places, and entertainment and recreation, all of which drive market increases. As travel – particularly leisure travel – is often a discretionary expense, the future of the travel market will rely on the strength of economic conditions.
This report examines the following issues:
This report will give you a complete 360-degree view of your market. Not only is it rooted in robust proprietary and high-quality third-party data, but our industry experts put that data into context and you’ll quickly understand:
What They Want. Why They Want It.
Who’s Winning. How To Stay Ahead.
Size, Segments, Shares And Forecasts: How It All Adds Up.
New Ideas. New Products. New Potential.
Where The White Space Is. How To Make It Yours.
What’s Shaping Demand – Today And Tomorrow.