The UK does very respectably in terms of international tourist revenue. Third in the world!
And the US takes first. https://t.co/LpSqodT3kg
The UK does very respectably in terms of international tourist revenue. Third in the world! And the US takes first. https://t.co/LpSqodT3kg
Europe remains the main tourist destination, accounting for half of the total arrivals—with France, Spain, and Italy being the continent’s most visited countries. For generations the US led overall tourist expenditures, but it was surpassed by China in 2012 and five years later Chinese tourists were spending twice as much as Americans.
Vaclav Smil • How the World Really Works: The Science Behind How We Got Here and Where We're Going
The travel industry is unsurprisingly large. The market worth $5.29 Trillion (2017) and grew at a CAGR of 41.9% over the last 10 years. It includes a wide range of players briefly displayed here above.
Clement Parramon • Sorry, that’s excluded
Spending on foreign travel had amounted to $2.2bn in 2003. By 2008 Brazilians were spending $10.9bn on trips abroad, and by 2013, $25bn.
Richard Lapper • Beef, Bible and bullets: Brazil in the age of Bolsonaro
Wellness-driven travel and tourism has significantly outpaced the growth of the broader tourism market (growing to nearly $600b in total value), and with younger generations spending more on experiences than physical items, this growth will only continue.
Brett Bivens • Backing Bien-Être
Travel agencies are still a mega-spend category, approaching $100bn in the US in 2019.
Evan Frank • A Better Equation in Travel
Other than the US, the largest global exporters in order of size are China (currency: yuan), the EU (currency: euro), the United Kingdom (currency: pound), and Japan (currency: yen). The dollar must decline against all these currencies to encourage a company on the margin to relocate production inside America.
Arthur Hayes • Trump Truth
The United States, with a GDP just over $20 trillion—accounting for one-fourth of global output—has the world’s largest economy and is the dominant country in the Americas. It represents nearly a third of the region’s population and approximately three-quarters of its economic output and possesses power and influence on a different scale from the o
... See moreRichard Haass • The World
Tourism Australia outperforms every other tourism board in the world, and it accomplishes that based on two primary ingredients: user-generated content and community co-creation. Desjardins told me, “We aim to make our audience the hero of our site.”