TInews -- Archive
 Subscribe   TInews Archive

TInews Archive #20010820.html

Date: Mon, 20 Aug 2001 16:22 (EST)
From: TInews Announcement <announce@tinet.ita.doc.gov>
To: TInews Announcement <tiannounce@tinet.ita.doc.gov>
Subject: US Boasts Travel Trade Surplus for First Quarter 2001!
Data now available in Excel!

=== TINEWS ===================================

An information service from Tourism Industries
http://tinet.ita.doc.gov/
U.S. International Trade Administration
U.S. Department of Commerce

08/20/2001

US Boasts Travel Trade Surplus for First Quarter 2001!
Data now available in Excel!

Contact: Tourism Industries office
E-mail: otti@trade.gov
Web: http://tinet.ita.doc.gov
Phone: (202) 482-0140, Fax: (202) 482-2887


The Office of Tourism Industries (TI) has just released its first quarter data on arrivals to the United States for the first quarter of Year 2001 and is pleased to announce a trade surplus of $3.1 billion, receiving $22.3 billion in travel expenditures. The first quarter of Year 2001 held steady compared to the same quarter last year with total international visitor arrivals at almost 9.5 million. More specifically, travelers coming to the U.S. on business visas were up for almost every region and several countries. This increase helped offset the decline in pleasure travelers who are most affected by downturns in the global economy. The increase in business travel also contributed to the trade surplus as business travelers spend on average more per trip than leisure travelers.

Overseas travel also remained steady with 5.5 million visitors arriving in the first quarter of 2001 with expenditures of $18.5 million. Western European arrivals declined 5 percent this quarter, totaling almost 2.2 million visitors. Most of the decline was in pleasure travel (7 percent) while business visas were up 2 percent. Spending by Western European visitors totaled $6.8 billion for the first quarter 2001, down 6 percent from first quarter last year. Arrivals from the Pacific region grew faster (4 percent) this quarter as compared to the same quarter last year. South American arrivals were also up slightly, 3 percent, compared to the same period last year. Both pleasure and business travel from Asia and South America were up for this quarter. Positive increases in other regions such as Central America (up 5 percent), Africa (up 4 percent), and the Middle East (up 7 percent) also helped the overall stability of the overseas markets.

With this announcement, TI has released its most in-depth analysis for the first quarter of 2001 http://tinet.ita.doc.gov/tinews/archive/2001_q1.html. TI has also, for the first time, combined with DRI-WEFA, an economic consulting firm, to offer insights on the economic situation for numerous inbound markets in the U.S. We hope the combined information increases the usefulness of this analysis for the industry. Arrivals by month for all world regions and 19 countries maybe viewed by accessing: http://tinet.ita.doc.gov/view/m-2001-I-001/index.html or by subscribing to the Summary of International Arrivals, now also available in Excel format: http://tinet.ita.doc.gov/research/reports/i94/index.html. This report has 28 tables. Each table has two Sections, arrivals by volume and percent changes for the current month and year-to-date arrivals. Within the report, arrivals data are provided for 9 world regions and more than 90 countries. We encourage you to subscribe to this report. Fees obtained from subscriptions are directly used to help support this program.

----------------------------------------------------------------------

Subscribe Now! To subscribe to TInews, visit our web site at: http://tinet.ita.doc.gov/tinews/subscribe.html

**If you wish to unsubscribe, send E-mail to tinet_listserv@tinet.ita.doc.gov, with "SIGNOFF TIANNOUNCE" in the body of the message.

Tourism Industries, International Trade Administration
U.S. Department of Commerce, Room 2073
Washington, D.C. 20230
(202) 482-0140, fax: (202) 482-2887
e-mail: otti@trade.gov

=== END T I N E W S ===========================