This growth would build on the 9 increase in arrivals

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Unformatted text preview: hrough 2016. Visitor volume is expected to increase 6% in 2011, reaching 63 million visitors who stay one or more nights in the United States. This growth would build on the 9% increase in arrivals in 2010, which resulted in a record 59.7 million visitors. According to the current forecast, the United States is projected to see 5% annual growth rates in visitor volume between 2012 and 2016. By 2016, visitors are expected to total 81 million, a 36% increase and an additional 22 million visitors compared to 2010. Colorado is anticipated to account for approximately 1.5% of international visitors to the United States in 2012 (excluding Canada and Mexico). The 2012 forecast considers the added benefit from the national marketing efforts by the new Corporation for Travel Promotion (CTP), established by the Travel Promotion Act of 2009 (TPA). The CTP’s goal is to promote the United States as a premier travel destination to international travelers. Impacts are expected to be minimal in 2012 and increase as a proportion of normal expected growth through 2014 and then decline through 2016. Forecast Highlights by Region to the United States North America The top two markets generating visitors to the U...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

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