This year the United States travel community will celebrate the 36th Annual National Travel and Tourism Week, May 5-11, by spotlighting the value travel holds for our economy, businesses, and personal well-being.
This year’s theme, “Travel Matters”, showcases travel’s contributions to economic growth and American jobs. Travel generated $2.5 trillion for the U.S. economy in 2018 across all U.S. industries.
Tax revenue from travel spending for federal, state, and local governments totaled $171 billion in 2018. Without these travel-generated tax revenues, each household would pay an average of $1,340 more in taxes every year to maintain the same level of services.
Travel supported 15.7 million American jobs in 2018 across all U.S. industries – that’s one in 10 American jobs, making travel the seventh largest employer in the private sector.
The travel industry is a primary driver in the U.S. economy, and an important part of our daily lives in Stillwater. When residents take pride in where they live, they become a community’s best ambassador by promoting their destination to friends and families. 54% of all leisure travel in the U.S. is to visit friends and family.
If you are a member of the Stillwater travel and tourism industry – hotels, home-sharing properties, bed and breakfasts, restaurants, diners, cafés, caterers, museums, attractions, meeting facilities, event venues, florists, retailers, recreation providers, trophy, audio-visual, sound, lighting, special effects services providers, and more – you can find great ideas and resources to promote your place of business during National Travel and Tourism Week from the U.S. Travel Association.
Information about this year’s celebration, positioning our industry as a primary driver in the U.S. economy and as an important part of our daily lives, can be found at www.ustravel.org/events/national-travel-and-tourism-week.