【正文】 travel industry to promote and facilitate increased travel to and within the United States. Travel and Tourism 2023 America’s 3rd Largest Retail Sales Industry – $555 billion total expenditures – $95 billion in tax revenue for federal, state and local governments One of America’s Largest Employers – Employs million people directly. – Tourism is 1st, 2nd, or 3rd largest employer in 30 states and the District of Columbia – $ billion in travelgenerated payroll Source: Travel Industry Association of America (TIA) Where We Were Tumbling from the Peaks Between 2023 and 2023 – Domestic business travel down 15% – Domestic airline travel down 14% – Overseas travel to the . down 30% International Visitor Arrivals to . from Key Countries 2023 % Change Recovery to (in millions) 2023/2023 2023 Expected Canada 14% 2023 United Kingdom 16 2023 Japan 37 Beyond 2023 Germany 34 Beyond 2023 France 37 Beyond 2023 Brazil 53 Beyond 2023 Argentina 72 Beyond 2023 Source: Office of Travel and Tourism Industries Bright Spot Domestic Leisure Travel – Slow but steady growth – Stay closer to home – Highway travel – Short getaways – Visits to small towns, rural areas – Economize Travel Performance – First Three Quarters 2023 During Jan – Sept, 2023, domestic travel up nearly 3% Leisure travel up %, exceeded by % gain in business/convention travel Strong gains in air and hotel volume over 2023 International travel to . exceeding expectations Source: Travel Industry Association of America Visitor Trends Occurring More in Past Year 10%23%29%35%55%66%70%85%0% 10% 20% 30% 40% 50% 60% 70% 80% 90%T r a d i ti o n a l T r a v e l A g e n tsF a r th e r fr o m H o m eS p e n d i n g Le s sS p e n d i n g M o r eC l o s e r to H o m eB o o k i n g La s t m i n u teB o o k i n g O n l i n eO n l i n e I n fo R e q u e s tsSource: Travel Industry Association of America Percent of TIA Members Reporting NTA Operators’ Products 7%20%26%19%29%25%10%26%31%34%35%44%0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50%H a r d A d v e n t u r eP a r t i c i p a t o r y S p o r t sA l u m n iL e a r n i n gR e u n i o nS o f t A d v e n t u r e20232023Source: National Tour Association Percent of NTA Operators RV Travel Strong % of all . vehicleowning households own an RV, up from % in 1997 million RVs on the road, pared to million in 1997 RV Shipments Up 14% in 2023 RV Rentals Up Nearly 33% in 2023 and 2023 Combined % of RV Rentals by International Visitors Source: Recreation Vehicle Industry Association National Parks and Public Lands National Park Visitation up 4% through November 2023。 f = forecast Billions Source: TIA。 say no to aging EcoTourism and Soft Adventure Space Tourism International Travel (In and OutBound) Virtual Travel Conclusions Growth in international travel demand exceeding domestic Forecasts for similar, although somewhat slower demand growth in 2023 Despite rising demand, some sectors still struggling financially Rising fuel costs, sluggish job growth and slower economic growth will continue to make financial recovery elusive for some Inter will continue to gain ground in many aspects of travel Conclusions Renewed sense of optimism “Up to us to seize the day” (James Rasulo, President, Walt Disney Parks Resorts “It is time for us to soar!” (Roger Dow, President CEO, TIA) Strive toward enhancing tourism’s influence as a tool for world peace and restoring our image around the world International Pow Wow17