Tuesday, August 09, 2005

[IWS] U.S. RECORD for TRAVEL ABROAD in 2004 (OUTBOUND & INBOUND OVERVIEWS) [4 August 2005]

IWS Documented News Service
_______________________________
Institute for Workplace Studies                   Professor Samuel B. Bacharach
School of Industrial & Labor Relations           Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor                    Stuart Basefsky
New York, NY 10016                        Director, IWS News Bureau
________________________________________________________________________

International Trade Administration (ITA), Office of Travel & Tourism Industries

See --
OUTBOUND OVERVIEW
http://www.tinet.ita.doc.gov/outreachpages/outbound.general_information.outbound_overview.html
and
INBOUND OVERVIEW
http://www.tinet.ita.doc.gov/outreachpages/index.html#inbound


FOR IMMEDIATE RELEASE
August 4, 2005   Contact: Matt Englehart
(202) 482-3809

U.S. SETS NEW RECORDS FOR TRAVEL ABROAD IN 2004
http://www.ita.doc.gov/media/PressReleases/0805/tourism_080405.html

The U.S. Department of Commerce today reported new records for U.S. outbound travel in 2004. Last year, 61.8 million U.S. travelers went abroad, surpassing the previous record of 61.3 million set in 2000. It is also the first year of growth for U.S. outbound travel since 2000 and the first year of double-digit growth since 1995.

"These record-setting outbound travel figures are an indication of the strength of the U.S. economy and further proof that President Bush's pro growth policies are working," said Deputy Assistant Secretary for Services Douglas B. Baker.

The U.S. outbound market increased by 10 percent in 2004 when compared to annual 2003 figures. U.S. travel to overseas countries increased by 12 percent to 27.4 million, a new record. U.S. outbound travel to Mexico increased by 10 percent, to 19.4 million; and travel increased by 6 percent to Canada, totaling 15.1 million U.S. travelers.

Spending by U.S. travelers abroad also established a new record in 2004 at $89.3 billion, a 14 percent increase from 2003.
Select 2004 highlights include:
   * The top five U.S. destinations for U.S. travelers were Mexico, Canada, the United Kingdom, France and Italy.
   * The top five countries for U.S. spending were Mexico, the United Kingdom, Canada, Germany and France.
   * The Internet continues to grow in importance as a source of information and for booking international airline reservations, although it still rates second to travel agents.
   * The main intention given for traveling overseas was leisure/recreation/holiday for 38 percent of the travelers. Visiting friends and relatives was second at 33 percent. Business travel comprised 22 percent of outbound travel.
   * The average length of trip outside the United States was 16.2 nights.
   * Average international airfare was $1,405, up 5 percent from $1,335. The average trip expenditure for U.S. citizens traveling abroad was $1,317, up 9 percent from $1,206 in 2003.
   * More men traveled abroad than women. The average ages of men and women were 46 and 43 years old, respectively
   * Average household income was $110,100.

Detailed Information
To obtained in-depth information on the U.S. outbound market and comparisons of the 2004 results to previous years, visit the OTTI Web site: http://www.tinet.ita.doc.gov/outreachpages/outbound.general_information.outbound_overview.html .

_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   *
Director, IWS News Bureau                *
Institute for Workplace Studies *
Cornell/ILR School                        *
16 E. 34th Street, 4th Floor             *
New York, NY 10016                        *
                                            *
Telephone: (607) 255-2703                *
Fax: (607) 255-9641                       *
E-mail: smb6@cornell.edu                  *
****************************************






<< Home

This page is powered by Blogger. Isn't yours?