TInews Archive #20021029.html
Date: |
Tue, 29 October 2002 |
From: |
TInews Announcement <announce@tinet.ita.doc.gov> |
To: |
TInews Announcement <tiannounce@tinet.ita.doc.gov> |
Subject: |
Preliminary International Arrivals for Second
Quarter, the First
Six Months, and July 2002
|
=== TINEWS ===================================
An information service from the Office of Travel and Tourism Industries
(OTTI)
http://tinet.ita.doc.gov/
U.S. International Trade Administration
U.S. Department of Commerce
10/29/2002
Preliminary International Arrivals for Second Quarter, the First
Six Months, and July 2002
Travel through the first half of 2002 contracted 14 percent to 17,573,133
arrivals in 2002, compared to 20,342,513 arrivals in the first half of
2001. Signs of recovery are still apparent, however, the rate of recovery
slipped during the second quarter of 2002 compared to the first quarter
in 2002. An analysis of the changes occurring in the top arrival markets
for the first six months is also available. Upon reviewing the July 2002
arrivals, travel to the U.S. declined by 12 percent, one percent more
than the 11 percent decline in June 2002. The economic recovery world-wide
is taking much longer than what was forecasted earlier and this has had
an impact on travel to the U.S. which is seeing the recovery taking much
longer as well.
Recovery Watch:
South Korea was the first top visitor market to have positive growth in
2002, compared to 2001 arrivals, however, arrivals have not reached a
point of recovery prior to the 9/11 attacks. The rate of contraction by
visitors from Australia, the Netherlands, and Spain through the second
quarter was lower than the rate prior to the September 11 attacks for
the second quarter in a row – indicating these markets have recovered
from the 9/11 attacks, however, none have reached a point of arrivals
growth.
During the first quarter of 2002 six of the top twenty visitor markets
rate of contraction slowed to pre 9/11 declines. However, through the
second half of 2002 (due to second quarter declines) four of the reported
markets reverted to increasing declines in arrivals that were higher than
the rate of contraction prior to the 9/11 attacks. These markets included:
Mexico, the United Kingdom, Germany, and Switzerland. This indicates that
the additional economic woes seen world-wide, the lingering impact of
the 9/11 attacks, and continued safety concerns continue to weigh on travelers.
To learn more about the extent of the declines in international travel
to the U.S. and what markets have reached a point of recovery, please
see OTTI's analysis of the preliminary second quarter and first half arrivals
for 2002. There are tables that provide arrival figures and the percentage
change for the month and year-to-date for all world regions and the top
40 markets generating visitors to the United States for January-July 2002.
To review this information, go to OTTI's monthly arrivals web site page
at: http://www.tinet.ita.doc.gov/view/m-2002-I-001/index.html.
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