International visitor US travel spending up nearly 105%

International visitor US travel spending up nearly 105%
International visitor US travel spending up nearly 105%
Avatar of Harry Johnson
Written by Harry Johnson

International visitors spent $12.6 billion on travel to, and tourism-related activities within, the United States

According to newly released data from National Travel and Tourism Office (NTTO), in May 2022:

  • International visitors spent $12.6 billion on travel to, and tourism-related activities within, the United States, an increase of nearly 105 percent compared to May 2021.
  • Americans spent $12.4 billion traveling abroad, yielding a balance of trade surplus of $245 million for the month—the seventh consecutive month during which the United States enjoyed a balance of trade surplus for travel and tourism.
  • Year to date (January through May 2022), international visitors have spent $55.5 billion on U.S. travel and tourism-related goods and services (up nearly 107% when compared to the same period last year), injecting, on average, $367.5 million a day into the U.S. economy.
  • Year to date (January through May 2022), while other U.S. exports of goods and services were +20% compared to the first five months of pre-pandemic 2019, travel exports were -45%.

Composition of Monthly Spending (Travel Exports)

Travel Receipts 

  • Purchases of travel and tourism-related goods and services by international visitors traveling in the United States totaled $6.7 billion in May 2022 (compared to $2.1 billion in May 2021), an increase of 223 percent when compared to the previous year.
  • For a pre-pandemic perspective, travel receipts totaled $12.1 billion in May 2019. These goods and services include food, lodging, recreation, gifts, entertainment, local transportation in the United States, and other items incidental to international travel.
  • Travel receipts accounted for 53 percent of total U.S. travel and tourism exports in May 2022.

Passenger Fare Receipts

  • Fares received by U.S. carriers from international visitors totaled nearly $2.0 billion in May 2022 (compared to $898 million in May 2021), an increase of 122 percent when compared to the previous year. 
  • For a pre-pandemic perspective, the United States exported more than $3.3 billion in passenger air transportation services in May 2019. These receipts are expenditures by foreign residents on international flights of U.S. air carriers.
  • Passenger fare receipts accounted for 16 percent of total U.S. travel and tourism exports in May 2022.

Medical/Education/Short-Term Worker Spending

About the author

Avatar of Harry Johnson

Harry Johnson

Harry Johnson has been the assignment editor for eTurboNews for mroe than 20 years. He lives in Honolulu, Hawaii, and is originally from Europe. He enjoys writing and covering the news.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x
Share to...