First Quarter 2013 Travel Spending Data to Be Released

washington, dcHow is the travel industry doing? One answer will be offered when statistics on what Americans and foreigners spent on travel and tourism in the United States in the first quarter of 2013 will be released June 24 by the Bureau of Economic Analysis (BEA).

The statistics, part of BEA’s Travel and Tourism Satellite Accounts, provide a breakdown of the various components of travel and tourism spending, including lodging, meals, air travel, and shopping. The statistics will also provide data on employment in the tourism industries.

These statistics will be used to:

To assess the effects of travel and tourism on the U.S. economy

To compare national trends to locally observed trends

To examine the relationship among the travel and tourism industries

To compare travel and tourism industries to other industries.

These statistics are supported by funding from the Office of Travel and Tourism Industries, International Trade Administration and the U.S. Department of Commerce.

Visit www.bea.gov

Read more on:

Suggested Articles:

American Airlines, United Airlines and Delta all issued travel waivers following the announcement. More here.

Called Farecast, the new platform has been developed to enable travel agencies, TMCs and consortia to track the performance of airline overrides.

Frank Del Rio, president/CEO, Norwegian Cruise Line Holdings, spoke to travel advisors on Saturday about coronavirus' impact on the cruise industry.