The Latest Trends on International Inbound Travel
REPORT August 31, 2022
International inbound travel is crucial for the U.S. economy. It generated $239 billion in travel exports in 2019 and, after taking into account U.S. spending abroad, a trade surplus of $53 billion. After many months of near-stagnation from many of our key markets, inbound travel is finally on a solid, yet bumpy, path of return.
Inbound travel’s pace of return picked up this summer and reached a pre-pandemic high of ‘only’ 35% below 2019 levels in July 2022. This is a significant improvement from -41% in May and declines of more than 50% earlier in the year.
Despite the general improvement since the full reopening of our borders in November 2021, the recovery has been uneven and a full recovery remains many months away.
To help explain what this means and see how different regional inbound markets performed throughout the pandemic and through July 2022, U.S. Travel has released new “international market profile decks."
The decks analyze inbound travel’s overall recovery, as well as that of four key regions:
Member login is required for access to the regional decks.
Read our latest blog post about international inbound's recovery here.
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