Market Insights on Source of USA - 2016

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Market Insights on Source of USA - 2016
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Summary
The combination of an improving US economy, a
strong US dollar, and higher GDP growth has
created positive spending patterns in travel
among US consumers. With GDP growth currently at
2.5 for 2015, and, according to the World Bank,
set to increase to 2.8 in 2016, outbound trips
will reflect this economic improvement with a
4.4 increase expected in 2016. With such a
favorable economic climate, Americans to choose
outbound holidays more often, reaching nearly 90
million by 2020.
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Key Findings Although Americans are traveling
more than ever due to the improving economy,
their holiday choices have remained conservative
with familiar top destinations of Mexico and
Canada continuing to be the most popular choices
for the past decade. However, both China and
Germany have appeared to increase their appeal to
US visitors, most likely as both are significant
trading hubs for the US. Transport accounts for
the highest amount of outbound spending among
Americans, with over 31 of overall outbound
expenditure going on transportation costs. While
aviation prices remain high in the US, this has
not affected outbound expenditure, which has
increased to US238.9 billion in 2015, an
increase of 5.4 on last years figures.
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Synopsis Source Market Insights USA provides
detailed information on the American outbound
tourism sector, analyzing market data and
providing insights. This report provides a better
understanding of tourism flows, expenditure, and
the airline, hotel, car rental, and travel
intermediaries industries. What else does this
report offer? Detailed market analysis,
information, and insights, including Historic
and forecast tourist volumes and values covering
Americas outbound tourism sector
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Reasons To Buy Make strategic business
decisions using historic and forecast market data
related to Americas Outbound Travel Tourism
sector Understand the demand-side dynamics
within the industry to identify key market trends
and growth opportunities Direct the
promotional efforts on most promising markets by
identifying the key source and destination
countries
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Table of Contents
Snapshot Demographic Breakdown/Expenditure by
Sector Outbound Trips by Purpose Outbound
Spending Mode of Transport Main Destination
Markets Outbound Tourist Expenditure Destination
Focus Canada
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To view the full Executive Summary and Table of
Contents, please visit Market Insights on
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