Tourism Source Market Insights: United States of America - Analysis of tourist profiles, traveler flows, spending patterns, main destination markets, and risks and opportunities

Publisher Name :
Date: 02-Aug-2018
No. of pages: 44
Inquire Before Buying

Tourism Source Market Insights: United States of America - Analysis of tourist profiles, traveler flows, spending patterns, main destination markets, and risks and opportunities

Summary

GlobalData's "Tourism Source Market Insights: United States of America", provides a thorough insight into the US's domestic and outbound tourism industry. The report shades light into the profiles of US tourists and summarizes the key reasons why Americans travel. The report offers an in-depth analysis of traveler flows, spending patterns, main destination markets and current and future opportunities for tourism businesses seeking to tap into the US outbound travel market.

The USA is one of the top spending nations in the world on international tourism. Total outbound tourist expenditure increased from US$252.4 billion in 2016 to US$269.8 billion in 2017, and it is forecast to total US$345.3 billion in 2022.

However, US travelers spend a proportionately higher amount of their income on domestic trips than international. In particular, whereas 5% of residents' income was spent on domestic trips, international trips accounted for a much lower proportion of 2%.

US domestic travel is greatly outstripping international travel, with a total of 2.2 billion domestic trips compared to only 87.6 million outbound trips in 2017.

The US is highly connected, as it is home to one of the largest and busiest airports in the world, Hartsfield-Jackson Atlanta International. Its airline industry is also highly advanced, helping domestic and international tourism thrive.

People in the 35-64 age group are the main US holiday takers. However, recent years have seen an increase in the number of US millennials traveling. Travel and tourism companies must design targeted strategies to cater to these tourist groups.

Scope

- Both outbound and domestic travel are increasing, with the former showing stronger signs of growth.

- Total outbound tourist expenditure from the US increased in 2017 compared to 2016; however, the average overseas tourism expenditure per resident will fall.

- North America accounts for 56% of outbound US travelers, with Mexico being the main international destination.

- Solo travel from the US is on the rise; 61% of American tourists who visited international destinations in 2017 traveled alone.

- Transportation and retail comprise the top sectors for outbound expenditure, accounting for 56% of all US outbound expenditure.

- Group ties are important for US tourists; the majority of Americans travel to visit friends and family. Moreover, most US visitors choose a destination based on friends and relatives' recommendations.

Reasons to buy

- This report provides clear insight into developments in one of the most valuable outbound tourist market.

- The report uses data and analysis to discuss future trends related to domestic trips, international departures, traveler spending, and main destination markets.

- Moreover, the report explores the different profiles of American tourists and the reasons why they travel, hence providing an insight into the trends in different segments of the market.

- The reader gains a strong understanding of the opportunities in the country, and how to attract American travelers, as well as the risks, to support better business decisions.

Tourism Source Market Insights: United States of America - Analysis of tourist profiles, traveler flows, spending patterns, main destination markets, and risks and opportunities

Table of Contents
1. Overview
Country Snapshot
At a glance: The US tourist market in 2017
Risks to Outbound US Tourism
Main Findings

2. Traveler profiles
Why do Americans Travel?
Types of Travelers
Insight into US Travelers

3. Domestic Tourism
Domestic Flows
Domestic Spending

4. Outbound Tourism
Outbound Flows
Outbound Spending

5. Main Destination Markets
Where did the US visitors travel in 2017?
Regional and Country Overview
Fastest-growing Outbound Destinations
Destination Focus: Mexico
Destination Focus: Europe

6. Outlook
Takeout
How to Attract US Tourists

7. Appendix
References
Terminology and Definitions
About the Author
GlobalData At a Glance
  • China Outbound MICE Tourism Market Report, Analysis and Forecast to 2025
    Published: 20-Aug-2018        Price: US 1000 Onwards        Pages: 120
    "China Outbound Meetings, Incentives, Conferences and Exhibitions (MICE) tourism market is expected to surpass US$ 28 Billion by 2025. China Outbound MICE Tourism Market Report, Analysis and Forecast to 2025” offers the most up–to–date industry data on the actual market situation and future outlook for China outbound MICE tourism market. The report uses data and analysis to discuss potential lucrative opportunities and future trends related to China ......
  • Global Golf Tourism Market Size, Status and Forecast 2018-2025
    Published: 13-Aug-2018        Price: US 3900 Onwards        Pages: 92
    This report focuses on the global Golf Tourism status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Golf Tourism development in United States, Europe and China. Golf tourism is seeing growing popularity, particularly as a form of recreational sporting rather than a competitive one. Tour package vendors are coming up with offers such as individual low-price or even zero-price overnight stays to attract customers. ......
  • United States Outbound Tourism Market to Nordics, Tourist Numbers to (Norway, Denmark, Sweden, Finland, Iceland and Greenland) Purpose & Accommodation
    Published: 01-Aug-2018        Price: US 1490 Onwards        Pages: 172
    United States Outbound Tourism Market to Nordics is projected to exceed US$ 1.5 Billion by the year 2024. A developed economy, with an exponential number of millionaires and growing per capita income factors drive the USA outbound tourism market. By 2024, the number of USA outbound tourists visiting Nordics will cross 2 Million mark and around 150 Million across the world; signaling a transformational change and opportunity for the global travel industry.   Numerous factors have ......
  • Tourism Source Market Insights: France - Analysis of tourist profile, traveler flows, spending patterns, main destination markets, and risks and opportunities
    Published: 18-Jul-2018        Price: US 1495 Onwards        Pages: 78
    Tourism Source Market Insights: France - Analysis of tourist profile, traveler flows, spending patterns, main destination markets, and risks and opportunities Summary GlobalData's "Tourism Source Market Insights: France", provides a thorough insight into the country's domestic and outbound tourism industry. The report shades light into the profiles of French tourists and summarizes the key reasons why they travel. The report offers an in-depth analysis of traveler flows......
  • Big Data in Tourism - Thematic Research
    Published: 25-Jun-2018        Price: US 1950 Onwards        Pages: 44
    Big Data in Tourism - Thematic Research Summary The tourism industry is confronted with an incredible abundance of information, which has the potential to completely transform the sector, as long as it is wisely, efficiently, and correctly analyzed and used. Big Data solutions can help the tourism industry in various ways, such as - - Increase the efficiency of internal operations; - Travel, revenue, and investment management; - Boost financial ......
  • Cybersecurity in Tourism - Thematic Research
    Published: 15-Jun-2018        Price: US 1950 Onwards        Pages: 46
    Cybersecurity in Tourism - Thematic Research Summary The global tourism industry is preparing to ride the digital wave - contextualizing and implementing new technologies such as cloud, mobility, big data, and analytics, and the Internet of Things (IoT) - to best align with future business objectives. Technology, however, is a double-edged sword: the more they go digital, the more they expose themselves to emerging cyber risks. As travel and tourism providers progress towards ......
  • Virtual & Augmented Reality in Tourism - Thematic Research
    Published: 15-Jun-2018        Price: US 1950 Onwards        Pages: 42
    Virtual & Augmented Reality in Tourism - Thematic Research Summary Alternative reality - which encompasses virtual reality (VR), augmented reality (AR), and mixed reality (MR) - could become the next big computing platform. In VR, the user is immersed in an entirely artificial world. In AR, the user sees the real world overlaid with digital data. The potential for VR/AR to elevate the tourism experience is enormous. Thanks to VR or AR, future customers can experien......
  • Tourism Source Market Insights: UK - Analysis of tourist profile, traveler flows, spending patterns, main destination markets, and risks and opportunities
    Published: 12-Jun-2018        Price: US 1495 Onwards        Pages: 40
    Tourism Source Market Insights: UK - Analysis of tourist profile, traveler flows, spending patterns, main destination markets, and risks and opportunities Summary GlobalData's "Tourism Source Market Insights: UK", provides a thorough insight into the UK's domestic and outbound tourism industry. The report shades light into the profiles of UK tourists and summarizes the key reasons why the British travel. The report offers an in-depth analysis of traveler flows, spending......
  • Internet of Things in Tourism - Thematic Research
    Published: 07-Jun-2018        Price: US 1950 Onwards        Pages: 48
    Internet of Things in Tourism - Thematic Research Summary Imagine a world where an airplane can detect a fault in one of its engines in mid-flight and radio ahead to order spare parts without any pilot intervention. Or where your fridge can detect you are running out of milk and order it while you are asleep. Or where your home thermostat automatically lowers the temperature when you leave the house and raises it the moment you return. The "Internet of Things" (IoT) refers to ......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs