Asia and Latin America are both the benefactors of an
improving U.S. economy that is giving residents the ability and
confidence to travel overseas again.
improving U.S. economy that is giving residents the ability and
confidence to travel overseas again.
— Samantha Shankman
The number of U.S. citizens traveling abroad in the first six
months of 2014 increased six percent year-over-year to 32.6 million,
according to monthly statistics released this week by the U.S. National Travel and Tourism Office.
Every month, the NTTO releases data regarding recent travel
activity, including details about outbound travel from the United
States. This is the most recent month for which this information is
available.
Slightly more than half of those travelers, 53 percent, crossed
borders to Mexico (38 percent) and Canada (15 percent). The other 47
percent of U.S. citizens traveled overseas, with the Europe and the
Caribbean, unsurprisingly, capturing the greatest market share.
Worth noting is that Asia captured 7 percent of the market share in
the first six months of the year, which was more than Central America (5
percent) and South America (3 percent) despite the distance and higher
airfare needed to get there.
Monthly statistics; however, show a slightly different trend.
In June, U.S. outbound travel grew 10 percent to 7.3 million
travelers. The regions with the highest growth in terms of inbound U.S.
visitors were South America, up 21 percent, and Mexico, up 14 percent.
Asia still experienced growth, but at a slightly slower rate of 8 percent.
U.S. Citizen Travel to International Regions in 2014 by Month (000s)
Regions | Jan | Feb | Mar | Apr | May | Jun | Total YTD | % Change YTD | Market Share YTD |
---|---|---|---|---|---|---|---|---|---|
North America | 2,439 | 2,442 | 2,846 | 2,750 | 3,031 | 3,693 | 17,202 | 14.1% | 52.7% |
Europe | 578 | 497 | 807 | 868 | 1,306 | 1,614 | 5,670 | 4.8% | 17.4% |
Caribbean | 499 | 550 | 705 | 630 | 624 | 743 | 3,751 | 9.2% | 11.5% |
Asia | 376 | 313 | 397 | 382 | 379 | 424 | 2,272 | 4% | 7% |
South America | 128 | 138 | 155 | 123 | 144 | 208 | 896 | 4.1% | 2.7% |
Central America | 219 | 226 | 283 | 214 | 209 | 301 | 1,452 | 10.2% | 4.5% |
Oceania | 52 | 63 | 60 | 41 | 46 | 45 | 307 | 6% | 0.9% |
Middle East | 140 | 119 | 141 | 142 | 162 | 181 | 885 | 10.8% | 2.7% |
Africa | 24 | 21 | 28 | 28 | 36 | 41 | 177 | -0.5% | 0.5 |
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