Business Tourism Spending. Tourism is an integral part of the Wisconsin economy. By measuring and monitoring this impact, we can make informed decisions on funding, marketing and also carefully analyze trends, successes and future needs. Travel is essential to the American economy, providing an indispensable source of job creation. In the context of the balance of payments of a country, the term “travel” refers only to the value of spending of individuals while on visits outside their country of residence. From 1995 to 2028, an average of 81.19% of all countries have available data for this indicator . Oh, The Places Tourists Will Go. 2018 U.S. Travel and Tourism Statistics (U.S. Resident Outbound): Monthly U.S. Outbound Air Travel to International Regions; U.S. Resident Spending Abroad on Travel and Tourism (Imports): Monthly Spending (Exports/Imports) Annual Visitor Spending (1960-Present) 10-Year Historical Spending Timelines (by country/region) Americans spending through domestic travel increased by a massive +5.8% year to date, whereas international tourism spends only saw a 0.3% bump from the previous year. Blue = Data, Grey = No Data. To break this down, this sort of spending would support 8.9M jobs, which in turn would … This indicator is measured in US dollars. https://www.ustravel.org/toolkit/covid-19-travel-industry-research Tourism receipts and spending are made up of travel credits and debits. Across the different regions, Europe’s combined tourist spending dominates at $570 billion. Data Stats. We make the Monthly Regional Tourism Estimates (MRTEs) more accurate by updating them with spending data from Stats NZ's annual Tourism Satellite Account. How to use this tool. Countries covered: 77. Regional Tourism Estimates The Regional Tourism Estimates (RTEs) provided regional stakeholders with absolute dollar estimates of tourism expenditure at a detailed regional level. The period is defined as the 12 months leading up to last day of a given month. The travel industry is unique: it is highly dependent on human labor, generally immune to outsourcing and plays a key role in international trade. This series of charts shows tourism expenditure for the previous 12 months grouped by RTO. The good news: compared to November 2019 on the Orchid Isle, per person spending is up 59%, average length of stay is up 80% and hotel capacity has reached about 97% of pre-COVID levels. See the latest California tourism research including lodging statistics, overseas arrivals, airport passenger traffic, visitation and spending forecasting and more. 2010. Locations have been resized based on spending amounts, which come from the latest data from the World Tourism Organization (UNWTO). 81.19% of all countries have available data for this indicator for 2028. It generates millions in tax receipts, and its broad range of employment creation provides jobs that support the state’s economic health. Years collected: 1992 - 2016.