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U.S.-International Travel and Transportation Trends

U.S.-International Travel and Transportation Trends

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Streepjescode: 9781481190817

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    U.S.-International Travel and Transportation Trends
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After successive years of decline in the aftermath of the 2001 terrorist attacks, there was a substantial rebound in U.S. international travel in 2004, with most travel categories experiencing growth from 2003. The U.S. outbound travel market grew by 12 percent in 2004 over 2003 totals, with an all time record high number of U.S. visitors (27.4 million) traveling to overseas countries. U.S. residents spent nearly $66 billion on their foreign travel, while foreign residents spent over $74 billion on travel in the United States in 2004. Thus, the U.S. trade balance in travel was positive—almost reaching $9 billion dollars. While most of the travel categories in 2004 were below 2000 levels, there were other notable exceptions aside from U.S. residents traveling to overseas countries. More Mexican residents came to the United States than in 2000, and slightly more U.S. residents took overnight trips to Mexico than in 2000. There was a 5.2 million (12 percent) increase in the number of overnight visitors traveling between the United States and overseas regions between 2003 and 2004. Travel between the United States and Western Europe and between the United States and Asia increased from 2003 to 2004 (12 and 22 percent, respectively). Western Europe and Asia are the top two regions for U.S. bidirectional overseas travel (42 and 22 percent of these trips in 2004, respectively). The 2004 rebound in the Asia traffic followed a setback in 2003 after an outbreak of the Severe Acute Respiratory Syndrome (SARS). Same-day travel across the United States border with Mexico is vastly greater than the volume of travel across our northern border with Canada: U.S. and Mexican residents made a total of 189 million same-day visits to the adjoining country in 2004, compared to 42 million…

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