Welcome to the AAAE Aviation News web site.
Tuesday, September 16, 2014 - 17:28ET

   Home
   News Home
   RFPs/Biz Ops
   Job Bank
   Search/Archives
   Subscribe
   Advertise
   About Us
   Contact Us

   Airport Magazine





Overseas Visitor Spending In U.S. Increases


top story photo The U.S. Department of Commerce reported that international visitors spent an estimated $13.9 billion on travel to, and tourism-related activities within, the U.S. during the month of October, nearly $770 million more than was spent in October 2011.

• Travel receipts: Purchases of travel and tourism-related goods and services by international visitors traveling in this country totaled $10.7 billion during October, an increase of more than 7 percent when compared with last year.

• Passenger fare receipts: Fares received by U.S. carriers and U.S. vessel operators from international visitors increased less than 1 percent during October, following an increase of more than 1 percent in September. U.S carriers have, however, received more than $33 billion from international visitors during the first 10 months of 2012, the strongest year-to-date performance on record.

International visitors spent an estimated $139.6 billion on U.S. travel and tourism-related goods and services from January through October, an increase of nearly 10 percent when compared with the same period last year, Commerce said. During the same period, Americans spent nearly $99.1 billion abroad, resulting in a $40.5 billion balance of trade surplus for travel and tourism through the first 10 months of 2012.

 © 2014 AAAE