Recent data published by the National Travel and Tourism Office (NTTO) indicates that in November 2024, international visitors made unprecedented expenditures of $21.8 billion on travel and tourism-related activities within the United States, reflecting an increase of nearly 9 percent compared to November 2023.
In contrast, American travelers spent $21.3 billion on international travel during the same month, resulting in a trade surplus of $435 million for travel and tourism-related goods and services.
From January to November 2024, international visitors have contributed approximately $231.6 billion to US travel and tourism-related goods and services, marking a 13 percent rise compared to 2023. On average, this equates to an infusion of $693 million per day into the US economy year to date.
In November 2024, US travel and tourism exports represented 22.7 percent of total US services exports and accounted for 8 percent of all US exports, including both goods and services.
In November 2024, international visitors to the United States spent a total of $12.3 billion on travel and tourism-related goods and services, marking an increase from $11.2 billion in November 2023. This represents a nearly 10 percent rise compared to the previous year. The expenditures encompass a variety of items, including food, accommodation, recreational activities, gifts, entertainment, local transportation within the United States, and other incidental expenses associated with foreign travel.
Travel receipts constituted 57 percent of the overall U.S. travel and tourism exports in November 2024.
In November 2024, U.S. carriers received $3.2 billion in fares from international visitors, an increase from $3.1 billion in the same month the previous year, reflecting a 3 percent growth compared to November 2023. These revenues are derived from the spending of foreign residents on international flights operated by U.S. airlines.
Airfare revenue represented 15 percent of the total U.S. travel and tourism exports for the month.
In November 2024, expenditures related to educational and health tourism, along with all spending by border, seasonal, and other short-term workers in the United States, reached $6.3 billion, up from $5.7 billion in November 2023. This indicates an increase of over 10 percent compared to the previous year. Spending in medical tourism, education, and short-term work accounted for 29 percent of the total U.S. travel and tourism exports in November 2024.