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... ONE OF AMERICA’S LARGEST SERVICE
EXPORTS!
$93.3 billion* spent by international visitors in
the U.S. and the…
$89.3 billion ** spent outside the U.S. by
domestic travelers creates…
$4.0 billion in BALANCE OF TRADE
SURPLUS for the U.S.
Source: Travel Industry Association of America (TIA), U.S. Dept. of Commerce
Office of Travel and Tourism Industries, World Tourism Organization.
... ONE OF AMERICA’S LARGEST
EMPLOYERS!
 $163 billion direct travel-generated PAYROLL.
 7.3 million direct travel-generated JOBS.
 One of every eight U.S. non-farm jobs is
directly and indirectly created by travel and
tourism.
 Total non-farm U.S. employment is 131.4
million people.
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... ONE OF AMERICA’S LARGEST RETAIL SALES
INDUSTRIES!
$599.2 billion direct TRAVEL EXPENDITURES
including international travelers.
$99.4 billion TAX REVENUE directly generated for
local, state, and federal governments
Each U.S. household would pay $923 MORE IN TAXES
without the tax revenue directly generated by the
travel and tourism industry.
Direct spending by resident and international travelers
in the U.S. averaged $1.6 billion a day, $68 million an
hour, $1.1 million a minute, and $19 thousand a second
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that approximately 2.6 million hotels rooms are
sold everyday in the United States. That is
enough rooms to lodge every person living in
San Francisco, Atlanta, Washington, D.C.,
Miami, and Denver combined.
that the Travel and Tourism industry is one of
the country's largest employers with 7.3 million
direct travel-generated jobs? You could fill
the Orange Bowl stadium a hundred times
over with people directly employed in the
industry.
• that each U.S. household would pay $923 more
taxes without the tax revenue generated by the
Travel and Tourism Industry? $923 will buy two
months worth of groceries for a family of four, will
fill the average car with gas 35 times or will pay for
a family beach vacation.
• that Travel and Tourism is a $1.3 trillion industry in
the United States? If one dollar bill equaled a
second of time, then $1.3 trillion would equal over
41,000 years.
• that Travel and Tourism generates $100 billion in
tax revenue for local, state, and federal
governments? If you place 100 billion dollar bills
end-to-end, they would circle the world 397 times.
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Economic Multiplier: The process of how
money filters through a local economy and is
spent and re-spent, creating income form other
businesses.
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The amount of the multiplier depends on how much
money the tourists spend per year.
How much is spent on imported goods so the
revenue ends up in foreign economies.
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Example:
An American tourist in Brazil spends $100 on a hotel
room.
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The hotel owner spends $100
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$40 employee wages.
$20 produce from local farmer.
$20 imported food for hotel restaurant.
$20 profit.
The Employee spends $40:
 $20 imported shoes.
 $10 groceries.
 $10 savings.
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The local farmer spends $20
 $10 imported fertilizer.
 $10 savings.