Visa reports rebound of global tourism

A new report Tourism Outlook: USA from Visa Inc. indicates the tourism industry has begun to rebound during the first six months of 2010.

From 1 January to 30 June 2010 spending by international visitors to the U.S. on their Visa-branded payment cards was up 20 percent over 2009 levels. At the same time, Americans are spending at higher levels when travelling internationally: spending by U.S. travellers abroad on Visa cards was up 9.3 percent in the first quarter of 2010 compared to the same period in 2009.

“The United States continues to be a major source market for international tourism and a popular destination for travellers around the globe. The growth in inbound spending in early 2010, particularly from source markets such as China and Brazil, reinforces how Asia-Pacific and South America are seemingly the first to emerge and rebound from the challenging environment that defined 2008 and 2009,” said Bill Sheedy, president, North America, Visa Inc.

Source: BTN

01.09.10