United States (US) Source Tourism Insight by Domestic and Outbound Tourism, Key Destinations and Tourist Profiles, 2023 Update

United States (US) Source Tourism Insight by Domestic and Outbound Tourism, Key Destinations and Tourist Profiles, 2023 Update

Summary

GlobalData’s Tourism Source Market Insight: United States report provides a thorough insight into the US's domestic and outbound tourism market. The report looks at the profiles of US tourists and summarizes the key reasons that they 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 US's outbound travel market.

Key Highlights

Sun and beach holidays are the most preferred type of holiday among US travelers, with xx% of respondents opting for this type of travel. The second most popular holiday type for Americans is Visiting Friends and Relatives (VFR) with xx% of respondents opting for this.

Retail and transportation have consistently been the top sources of spending for US travelers abroad. Retail and transportation comprised xx% and xx% of the total outbound tourism expenditure in xx.

According to the findings of GlobalData's Consumer Survey, xx% of US travelers, make their travel choices based on the cost of the trip and xx% on the basis of accessibility. Friends and family recommendations ranked as the third most prominent aspect, with xx% of respondents considering it while making travel plans.

Japan and Hong Kong are slowly becoming developing destination markets for US tourists. The number of US travelers departing for the two nations showed a steady increase from xx to xx from xx million to xx million for Japan and is forecasted to grow further with a CAGR of xx% for xx-xx, highlighting the growing interest in the destination.

Scope

• This report is part of GlobalData's Source Market Insights Series. This report provides an in-depth analysis of traveler flows, spending patterns, main destination markets, as well as current and future opportunities for tourism businesses seeking to tap into US's outbound travel market.

Reasons to Buy

This report provides clear insight into developments in US’s domestic and outbound tourism markets.

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

The report explores the different profiles of US tourists and the reasons that 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, as well as the risks, to support better business decisions.