ABSTRACT

State of the U.S. Travel and Tourism Industry, Hearing Before the Subcommittee on Trade, Tourism, and Economic Development of the Committee on Commerce, Science, and Transportation, United States Senate, One Hundred Ninth Congress, Second Session, June 22, 2006   [open pdf - 1MB]

From the opening statement of Gordon H. Smith: "Today's hearing will examine the state of the U.S. travel and tourism industry and potential barriers that may affect America's competitiveness. […] Travel and tourism has become one of the world's most important sources of employment. It stimulates enormous investment in infrastructure and provides governments with substantial tax revenues. Most recent statistics show that travel and tourism is one of the United States largest employers, with 7.3 million jobs and a payroll of $163 billion. Travel expenditures reached nearly $600 billion and generated almost $100 billion in tax revenues for local, State, and Federal Governments last year. […] Travel and tourism is firmly established as the number one industry in many countries and the fastest growing economic sector in terms of foreign exchange earnings and job creation. In fact, many new tourism jobs and businesses are created in small communities and often help those living in small communities to be able to remain in those small communities. But, despite its robust economic performance, tourism's contribution to the prosperity of American life has not been fully realized or taken advantage of as a powerful driver of jobs, community development, small business growth, and generator of export income. As the world is traveling in record numbers, the United States has not taken full advantage of this potential." Statements, letters, and materials submitted for the record include those of the following: Byron L. Dorgan, Daniel K. Inouye, Gordon H. Smith, Todd Davidson, Robert M. Jacksta, Franklin L. Lavin, James W. LeDuc, Wanda L. Nesbitt, Virginia Pressler, Jay Rasulo, Jonathan M. Tisch, and Charles Bray.

Report Number:
S. Hrg. 109-1134; Senate Hearing 109-1134
Publisher:
Date:
2011
Copyright:
Public Domain
Retrieved From:
Government Printing Office, Federal Digital System: http://www.gpo.gov/fdsys/
Format:
pdf
Media Type:
application/pdf
URL:
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