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TIA: New Market Reports Show Growth in Global Travel
TIA: New Market Reports Show Growth in Global Travel
| Washington,
DC � January 2007 � Global travel and tourism enjoyed strong growth worldwide
in 2006, and forecasts call for additional growth of 4.6 percent for each
of the next ten years. There are a number of factors that will continue
to strengthen international travel in general and travel to the United
States in particular in 2007, helping reverse noticeable declines in arrivals
from many key inbound markets from earlier this year. First, strong economic
growth in most regions � spurred by continued expansion in China, renewed
signs of life in some of the Eurozone�s core economies, and low interest
rates around the world � will generate increases in business and leisure
travel. In addition, the strong performance of a number of major currencies
relative to the U.S. dollar has made travel to the United States less expensive
for a large number of international travelers.
TIA�s Market Forecast & Reviews cover outbound travel and U.S. arrivals from Brazil, Canada, Japan, Germany, and the United Kingdom. The reports focus on economic, political, social, and travel conditions both within their country of focus and globally. Visit this link to sample the IVIS Detailed Inbound Travel Log - 2006, and this link to review the 2005 Forecast of International Travel to the U.S. (which represents inbound travel from the year 2000, with forecasts through 2008). TIA (www.tia.org) is the national, non-profit organization representing all components of the $703 billion travel industry. TIA's mission is to represent the whole of the U.S. travel industry to promote and facilitate increased travel to and within the United States. Media
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