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U.S. Travel Market Share to Continue Decline Through at Least 2023: Report

Sluggish demand for overseas travel to the U.S. will sustain the trend of the country falling behind international travel growth worldwide, according to the latest forecast released by the U.S. Travel Association.

While global long-haul travel is projected to grow an average of 4.8% annually through 2023, the pace of U.S. growth is projected to be just half of that figure—2.4%.

That gap will further diminish the U.S. share of the total long-haul travel market to 10.4% by 2023—continuing the steady slide from its previous high of 13.7% in 2015.

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