Top destinations for U.S. travelers include major cities like New York and London, as well as beach destinations like Cancun and Honolulu.
New study shows Gen Z and Millennials are willing to travel the farthest and spend the most to attend destination events
The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) revealed today that the U.S. Travel & Tourism sector has contributed more to the U.S. economy than any previous year on record, despite the slower return of international visitor spend.
Global GDP impact predicted to exceed $11 trillion in 2024 - Unprecedented job numbers expected in the sector
Three-Quarters of Americans Plan to Take a Trip in the Next Year
Overall travel demand sees usual seasonal pickup in February, rising above prior month January but falling short of February 2023 levels.
Improved air connectivity and seat capacity are helping to make travel easier, both regionally and internationally, as airlines respond to traveller demand. Plus, interest in Asia-Pacific destinations is continuing to accelerate from its popularity surge last year.
BCD Travel releases 2023 Cities & Trends Report
The report reveals that Canadians rank as the second highest global market for anticipated average trip spend and are prioritizing spontaneous, bucket list, and once in a lifetime vacations.
American Express Releases 2024 Global Travel Trends Report