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The Effectiveness of U. S. Overseas Programs to Promote Tourism and Travel to the United States: Hearing Before the Subcommittee on International ... House of Representatives, One Hundred Fourth - Softcover

Relations, Committee On International

 
9781528038041: The Effectiveness of U. S. Overseas Programs to Promote Tourism and Travel to the United States: Hearing Before the Subcommittee on International ... House of Representatives, One Hundred Fourth

Inhaltsangabe

Excerpt from The Effectiveness of U. S. Overseas Programs to Promote Tourism and Travel to the United States: Hearing Before the Subcommittee on International Economic Policy and Trade, Committee on International Relations, House of Representatives, One Hundred Fourth Congress, First Session, September 28, 1995

Mr. Roth. Let me welcome everyone here today to our hearing on travel and tourism.

Tourism is the world's largest industry, amounting to tril lion. For many countries, tourism is the No. 1 revenue producer. As chairman of the Travel and Tourism Caucus, I, with the help of the other caucus Members, will ensure that travel and tourism receives its rightful place that it deserves in our economy. Travel and tourism must be taken seriously.

Today we focus on our competitive position in the world tours trade. International travel and tourism is now a $300 billion a year global market. It has tripled in the last decade and will grow faster in the next 10 years. For this reason competition is heating up, and we must focus on our competitive position.

Travel and tourism is the biggest business in the United States, generating $400 billion in our economy and employing six million people. Another seven million jobs are affected by travel and tour Ism.

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