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FOR
IMMEDIATE RELEASE
Contact: Monica Hill
Monday,
October 25, 1999
202-482-3809
Commerce
Report Predicts Record International Travelers
to the U.S. in 2000 and Solid Growth Through The Year 2003
Washington,
D.C .--
A new report recently released by the U.S. Department of Commerce
predicts a record 46.4 million international travelers will visit
America in 1999, pumping more than $94.2 billion into the U.S. economy
and supporting additional U.S. jobs.
"As the global
economy improves over the next year, international visitors will
expand the growth of U.S. small and medium-sized businesses, and
continue to generate a positive travel trade surplus,"
said Deputy Assistant Secretary of Tourism Industries Leslie Doggett.
"International travel to the U.S. already supports nearly 1 million
U.S. jobs across a wide-range of sectors, a figure that continues
to grow."
Tourism is
America's third largest export, and the study forecasts continued
growth in international travel to the U.S. from 1999 through 2003.
In four years, the number of international visitors to the U.S.
is expected to grow to 52.4 million.
Continued growth
from Europe and economic recovery in Asia and Latin America are
key to continued long-term growth in visitor arrivals in the U.S.
in the new millennium:
- By the year
2003, visitors from Europe are projected to be America's number
one overseas visitors. They are expected to surpass 13 million,
an increase of 22 percent over 1998.
- Asia will
rebound strong in some countries like Korea, Singapore and Taiwan,
while Japanese arrivals will recover at a slightly slower pace.
- During that
same period, visitors from South America are forecast to increase
to as much as 3.6 million, with continued success of Brazil's
economic reforms being key.
- Central
America could reach 874,000 visitors and the combined total of
visitors from these two regions could climb to 4.5 million by
2003, maintaining their position as the top two markets for international
arrivals to the U.S.
- Canadian
and Mexican visitor arrivals during the forecast period should
have moderate growth through 2003 and remain significant markets
for international visitors to the U.S.
The forecast
data reflect current world economic indicators and international
visitor levels for early 1999. The data will be used by the U.S.
travel industry to develop strategic analyses of plans to attract
even greater numbers of tourists.
The study covers
more than 30 countries and all world regions is available on the
Tourism Industries website at (http://tinet.ita.doc.gov).
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