Travel & Tourism Industry

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Travel & Tourism Industry

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Travel & Tourism Industry

International travel plays a critical role in the US economy. Prior to the COVID-19 pandemic, in 2019, international visitors spent $233.5 billion experiencing the United States; injecting nearly $640 million a day into the U.S. economy. The U.S. travel and tourism industry generated $1.9 trillion in economic output; supporting 9.5 million American jobs and accounted for 2.9% of U.S. GDP. At 14.5% of international travel spending globally, international travelers spend more in the United States than any other country. As recovery efforts continue, the International Trade Administration actively supports the industry via the twin pillars of the National Travel and Tourism Office (NTTO) and the U.S. Commercial Service. Working together, we provide a range of data and related products to support the international outreach and promotion efforts of U.S. destinations and attractions. With over 100 offices throughout the United States and in 75 countries around the world, we are where you are and where you want to be.

What We Do For You: Promote U.S. policies that encourage the competitiveness of the U.S. travel industry Provide business counseling, match-making and promotional support services to help U.S. destinations and attractions penetrate new markets and increase market share Seek to ensure that U.S. regulations and other programs do not adversely impact U.S. industry competitiveness Provide information, trade data, and market analysis to the U.S. travel industry, partners and policy makers Maintain close relationships with the U.S. travel industry to focus and construct programs that enhance the industry’s competitiveness and overseas profile

Featured Events & Resources Person at Computer in Virtual Meeting Featured Events Learn about upcoming in-person and virtual travel industry events where you can meet our industry experts. Learn About Events person on couch with laptop with airplane icon to the left Digital Strategies for Travel and Tourism Maximize your digital outreach strategy by learning about preferred platforms for researching, booking, and promoting travel and tourism destinations. Get the Guide Graphs on the world COVID-19 Travel Industry Monitor To track the state of the travel and tourism industry in the United States, the National Travel and Tourism Office (NTTO) has created this data visualization tool called the COVID-19 Travel Industry Monitor. Access the Monitor Here How Can We Help You Attract International Visitors? Our team members are experts in international business development and your best resource for business growth and job creation. Learn more about the ways we can assist your firm: Image of data and charts for market research Market Intelligence Our travel and tourism specialists on-the-ground in overseas markets prepare short, concise market intelligence reports so that you can learn about your product’s potential in a given market, the market’s business practices, and best prospects for success. Learn More Image of two people meeting Trade Counseling International Trade Specialists are available to discuss your company’s exporting needs. Locate an industry specialist near you. Learn More image of cargo container with world map overlay Our Services From counseling, to matchmaking, to market intelligence, our global network of trade professionals - located throughout the United States and in nearly 80 countries - can help you attract international visitors. Learn More Travel and Tourism Market Intelligence More Market Intelligence View our most recent market intelligence for the Travel & Tourism industry. Market Intelligence Panama Foreign Investment in Tourism

Panama’s new law will incentivize foreign investment in the tourist sector.

Travel and Tourism Panama Government, Law and Regulation Read More Market Intelligence Japan Travel and Tourism Market

With easing border controls and travel resuming globally, it is the right time for the U.S. travel industry to promote destinations and services in Japan.

Travel and Tourism Japan Trade Development Read More Market Intelligence Israel Hotel Market – Overview & Growth, and Grant Programs

The Israeli Government offers a grant program to foreign investors in hotel and tourism projects.

Travel and Tourism Israel Read More


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