Although business travel has made significant progress in its recovery in recent months, it’s uncertain if and when it will fully rebound from the pandemic.
Spending by International Visitors to U.S. Rises 57 Percent to $16 Billion
25.08.2023 - 14:19 / skift.com / Dawit Habtemariam
International visitors spent $15.9 billion on travel to, and tourism-related activities within, the U.S. in November, up 57 percent year over year, according to the National Travel and Tourism Office. That’s an improvement from November 2021, but it’s billions of dollars down from international visitor spending in pre-pandemic November 2019, which had $20 billion.
From January to November, international visitors to the U.S. spent more than $146 billion, up more than 103 year over year and translating into an average of over $437 million per day going into the U.S. economy.
The U.S. ended up with a travel surplus in November. Americans traveling abroad spent more than $15.2 billion in November, yielding a trade balance of $703 million. The U.S. also had a travel trade surplus in October.
International visitor purchases of travel and tourism-related goods and services, which includes entertainment, food and recreation, totaled $8.6 billion in November 2022, up 77 percent compared to the previous year. That’s below the total in November 2019, when international visitor purchases amounted to $11.7 billion.
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