Research and Markets: US Outbound - April 2008 States That the Outbound Market Is Under Threat Once Again

Business Wire, May 23, 2008

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c92756) has announced the addition of US Outbound - April 2008 to their offering.

The US is now the world's second-largest spender on tourism, and the third-largest worldwide in terms of outbound volume. In 2000, it was the top spender in the world, but significant declines over 2001-03 in outflows allowed Germany to overtake the US in 2003. The tumultuous period between 2001-03 perpetuated the US's economic weakness, a situation exacerbated by the events of 9/11. During that time, the number of outbound tourists declined by almost nine percentage points, while total expenditure dipped by 5.3%. However, the economy began picking up significantly in 2004, led by rises in household income levels. In spite of a weak Dollar - making travel to many destinations more expensive - and ongoing terrorist threats, the US outbound market prevailed over 2004-06, facilitated by a buoyant economy and consistent consumer spending. Now the outbound market is under threat once again.

Travel & Tourism Analyst is a bimonthly newsletter providing an examination of the travel industry, sector by sector. Each issue includes five objective and detailed studies on sectors and issues of interest and importance, across the international tourism industry.

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For more information visit http://www.researchandmarkets.com/reports/c92756.