21 Nov 2011

America's Lost Decade of Tourism

If we provide more travel visas, foreign visitors will come, spend billions of dollars and create hundreds of thousands of jobs.

Over the past decade, the U.S. economy has missed an unprecedented global travel boom because of visa delays and other bureaucratic policies that discourage visitors to our shores. Our research shows that between 2000 and 2010 America's share as a destination of the long-haul travel market slipped to 12% from 17%. That adds up to a lost decade for American travel with 467,000 lost jobs, $606 billion in lost spending by visitors, and $37 billion in lost tax revenue.

During a time of high unemployment and rising deficits, the U.S. cannot afford to continue down this path. 

Click here to continue reading - Opinion piece written by Roger Dow, president and CEO of the U.S. Travel Association, published in the Wall Street Journal