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Tourism in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Tourism Market Research Report | NAICS NN002 | Dec 2016

Taking off: The industry will evolve and increasingly rely on travelers from emerging economies

The Tourism market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$977bn
Annual Growth 11-16
3.1%
Annual Growth 16-21
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Profit
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Employment
5,723,766
Businesses
269,189
Industry Analysis & Industry Trends

The Tourism industry is experiencing steady growth as both domestic and international travel have increased over the past five years. Increasing corporate profit also led to far more business trips, which has contributed to consistent rises in industry revenue. Moreover, the industry is expected to continue moving steadily ahead over the next five years as increased travel rates and the corresponding rise in travel spending bolster industry performance... purchase to read more

Industry Report - Industry Locations Chapter

One key factor affecting the regional distribution of this industry is a state's proportion of the population. This factor is particularly important for domestic day trips but less important for domestic overnight trips and international visitors.

Tourism features and attractions are also important, particularly those of international significance or with international recognition, such as the Grand Canyon, Disneyland, Las Vegas, New York and Hollywood. Major sporting events, such as the Super Bowl, are major visitor attractions as well. Having a major commercial center, including a major industrial, financial and commercial center for business and conference/convention travelers, such as New York, will also attract business visitors. Als.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Tourism Industry?

Tourism is defined broadly to include spending by visitors whose primary travel purposes are business, convention or conference travel, government business, and the more familiar tourism for leisure, vacation or to visit friends and relatives. Major industries that benefit from tourism expenditure include domestic and international air transportation, accommodation services, food services, drinking places, automotive rental and travel arrangers.

Industry Products
Traveler accommodationsAir transportation Travel arrangement and reservationsFood and beverage establishmentsAutomotive rentalsGasolineRecreation and entertainmentOther retail activities
 
Industry Activities
Traveler accommodation servicesDomestic airline operationInternational airline operationFood services and drinking place servicesAutomotive rentalTravel agent and tour arrangement services


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