Travel Industry Fun Facts
(2005 preliminary data, updated October 2006) |
Did You Know that Travel and Tourism is a $1.3 trillion industry in the United States? If one dollar bill equaled a second of time, then $1.3 trillion would equal over 41,000 years. |
Did You Know that Travel and Tourism generates $104.9 billion in tax revenue for local, state and federal governments? If you place 100 billion dollar bills end-to-end, they would circle the world 397 times. |
Did You Know that each U.S. household would pay $965 more in taxes without the tax revenue generated by the Travel and Tourism Industry? $965 will buy about two months worth of groceries for a family of four, will fill the average car with gas 35 times or will pay for a family beach vacation. |
Did You Know that the Travel and Tourism industry is one of the country's largest employers with 7.5 million direct travel-generated jobs? You could fill the Orange Bowl Stadium a hundred times over with people directly employed in the industry. |
Did You Know that direct travel-generated payroll totals $171.4 billion and that one out of every eight U.S. non-farm jobs is directly and indirectly created by travel and tourism. |
Did You Know that international travelers spent $102.6 billion in the U.S. in 2005? |
Did You Know that dining is the most popular domestic trip activity, and is included in 31 percent of all domestic trips. |
Did You Know that approximately 2.8 million hotels rooms are sold everyday in the United States. That is enough rooms to lodge every person living in San Francisco, Atlanta, Washington, D.C., Miami, and Denver combined. |
Did You Know that 80 percent of adult travelers (over 118 million people) have included an historic or cultural activity while traveling. That is roughly the population of United Kingdom and Italy combined. |
Did You Know that spending by resident and international travelers in the U.S. averaged $1.8 billion a day, $75 million an hour, $1.2 million a minute, and $21,000 a second. |
Did You Know that the travel and tourism industry is one of America's largest service exports? $102.6 billion spent by international visitors in the U.S. and $95.2 billion spent outside the U.S. by domestic travelers creates a balance of $7.4 billion in travel trade surplus for the U.S. |
Did You Know that just a 1 percent increase in U.S. worldwide market share would equate to 8 million more visitors, $12 billion more in international expenditures, 151,000 new jobs, $3 billion more in payroll, and $2 billion more in federal, state and local tax revenue? |
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Carole Gardner
Coastal Vacations
Level 3 Director
Home Business Consultant
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