Post by Global News on
US losing Billions in Tourism, Saudi Arabia biggest gainer US Losing Billions in Tourism: Ranks 17th out of 18 Major Global Destinations Saudi Arabia biggest gainer ranking now 13th. News Reported by: Lauren Smith - Bussiness Traveler (2024) According to a new report, the United States travel industry, worth $1.2 trillion, is recovering more slowly from the pandemic shutdown than other countries due to years of underinvestment and lack of government focus. The report ranks the U.S. 17th out of 18 major international destinations, which is a discouraging sign for the industry. In 2023, the U.S. welcomed 67 million international visitors, just 84% of 2019 far lower than rivals’ recovery rates. • In Saudi Arabia, massive state investment has catapulted a fledgling tourist industry to number 13. • “This should be a wake-up call,” Geoff Freeman, chief executive officer of U.S. Travel, said. “To see the U.S. ranked 17 in a list of 18 top travel markets is eye-opening, stunning, disheartening.” Photo by Etienne Girardet on Unsplash Legal Disclaimer: INFYNIT is providing the content here for educational purposes only. All opinions are of the original author and not an opinion of INFYNIT or any of its affiliates.