WTTC Reveals the Prime US Journey and Tourism Metropolis Locations

The World Journey & Tourism Council (WTTC) launched its Cities Economic Impact Report sponsored by Visa and researched in partnership with Oxford Economics on Thursday, revealing the U.S. locations that performed the biggest function within the home journey business’s restoration in 2022.

Primarily based on the analysis, Orlando was the biggest U.S. Journey and Tourism metropolis vacation spot in 2022 with an financial contribution of over $31 billion, which represents 20 % of town’s complete GDP and marks a restoration above pre-pandemic 2019 ranges by a whopping $2.7 billion.

One other mecca for leisure, Las Vegas ranks because the nation’s second largest Journey and Tourism market with a direct GDP contribution of $23 billion final 12 months, surpassing the 2019 baseline by 5.3 %.

Elsewhere in Florida, Miami additionally stood out, recording a GDP comeback final 12 months of $11.1 billion that exceeded pre-pandemic Journey and Tourism contributions by as a lot as 5 % regardless of a major 56 % drop in financial contribution from the sector within the pandemic-plagued 2020.

New York Metropolis and Los Angeles additionally excelled in 2022 with Journey and Tourism GDPs checking in at $21.1 billion and $11 billion, respectively.

The research additionally discovered that the pandemic and associated worldwide journey restrictions led to much more home journey lately. In 2019, home vacationers made up an 84.6 % share of Journey and Tourism spending within the U.S. in comparison with greater than 95 % in 2021.

“It was a fightback 12 months for cities throughout the nation in 2022. Locations like Orlando, Miami, Chicago and Las Vegas are again stronger than ever earlier than due to the relief of pandemic restrictions and a robust rebound of client confidence,” WTTC President and CEO Julia Simpson mentioned in a press release.

“Different in style vacation locations like San Francisco, Honolulu and Washington D.C. are following swimsuit with rising sector GDP contributions which might be effectively on their technique to recovering from peak pandemic lows as they construct up their business workforce and domesticate a flourishing base of worldwide vacationers.”

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