Source Market Insights: United States
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The United States has seen increasing numbers of consumers opt for outbound travel in recent years with 2016 seeing a 8.2% increase in trips. This growth has been fuelled by drivers such as the expansion of the LCC market share in the US, with airlines such as British Airways’ new long haul LCC, ‘Level’ entering the market . As such GlobalData expects total outbound trips to reach over 96. 5 million by 2021.
There are a number of challenges which may harm the outbound market as a consequence of Donald Trump’s election to the presidency. For instance, issues relating to travel warnings to Cuba, Iran and Mexico have all arisen as the Trump presidency engages on a isolationist foreign policy, which may negatively impact bi-lateral relations and outbound tourism to these countries.
Scope
– New international LCC routes will expand in the US in 2017, particularly to smaller second tier airports such as Providence, Rhode Island and Bradley International ,Connecticut. Such expansion will predominantly bolster travel to European countries such as France, Britain and Ireland, who all rely on the US tourists as a significant source market.
Reasons to Buy
Detailed market analysis, information, and insights, including –
– Historic and forecast tourist volumes and values covering US outbound tourism sector
– Detailed analysis of tourist spending patterns for various categories in the travel and tourism sector, such as purpose of spending and top source markets
– Detailed analysis of the market trends in the US outbound tourism sector.
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