The US tourism market was valued at USD 2.50 trillion in 2024 and grew at a CAGR of 8% from 2025 to 2034. The market is expected to reach USD 5.39 trillion by 2034. The rising disposable income and demographic changes will drive the growth of the US tourism market.
Long-distance, short-distance, domestic, and international travel are all possible. Due to a number of variables, especially the loosening of travel restrictions related to COVID-19, it is anticipated that demand for travel would rise dramatically over the coming years. The travel industry encompasses the various facets of the larger service sector that cater to the needs and desires of individuals who travel across the globe. The growth of the travel and tourism sector is expected to be more impacted by sustainable travel, which is seen as the way of the future. The primary drivers of the travel and tourism industry are the expansion of disposable income and the ease of access to a number of remote but breathtaking locations. The strong expansion of the transport and general infrastructure has helped the travel and tourism sector. Millennial travellers are increasingly seeking out unique, once-in-a-lifetime experiences. In this context, ecological excursions are becoming more and more popular. The worldwide travel and tourism industry is growing more quickly as a result. Businesses in the travel and tourism sector need to offer innovative and unique travel experiences, including immersive tours, in order to diversify their revenue sources.
Get an overview of this study by requesting a free sample
High per capital income and attractive tourist destinations – a strong economy coupled with increasing disposable incomes and low unemployment levels stimulates both local and foreign travel. The U. S has an abundant resource of cultural and natural destination such as famous landmarks, national parks, and big entertainment centres which make it a tourist attraction spot. The government intervention to advocate for tourism also contributes to the market demand. Other big events and festivals like the Super Bowl, music festivals or big conventions bring large number of tourists from all over the world. Also, seasonal tourism also plays a role with more tourism during peak times such as holiday seasons like thanksgiving, Christmas and new year’s. There is also an increasing trend towards personalized and experiential travel with increasing number of tourists looking for unconventional, experiential experiences such as adventure tourism or wellness retreat and culinary journeys contributing to the increase in demand for tourism. Lastly, sustainability concerns are shaping tourism, owing to increased preference of eco-friendly choices by travellers, and a resulting increase in demand for destinations and services that place importance to environmental responsibility.
Political and societal circumstances – Domestic factors restricting tourism demand in the U.S. are driven by a wide range of economic, political and environmental circumstances. One major barrier is the cost of most trips, which is expensive airfare, as well as expensive accommodations and other expenses of travel, which makes the US an unattractive destination, especially for much of the population. This is particularly true for international tourists, because the robust U.S. dollar can drive the prices up even higher for international tourists. Moreover, strict visa and immigration restrictions are a glaring obstacle for international tourists, complicated and prolonged cyclical processes of visa issuing preventing people from some states from visiting the country. Also, health and safety concerns are critical too. In addition, political/ social uncertainty; for instance, political instabilities, protests, or divisive national legislations can lower tourists’ attraction for fear of personal safety or the Environmental issues including natural catastrophes (hurricanes, wildfire, flood) frequently interfere with the tourism.
Digital transformation of tourism industry has made travel convenient, hassle-free, accessible and affordable – the rising disposable income or high per capita income contributes to consumer confidence when it comes financial security which encourages people to travel more. The development of technology, particularly on travel booking as well as in planning have made it easier for international tourists to access U.S destinations easily. As the world moves to online platforms, mobile apps, and digital tools, travellers around the world are able to effectively plan and manage their travel experiences reducing barriers to entry. Increased globalization with better connectivity is enhanced by cheapest flights through low-cost airlines and expanded routes, which made international travel to U.S. cheaper and easier, hence the increase in the U.S. foreign tourism. In addition, the post-pandemic recovery has had a significant impact on the tourism industry as visitors anxious to make up for time lost during confinement due to COVID-19 are presently scrambling to avail themselves of the U.S. for pleasure and business.
The travel days segment is divided into within 7 days, more than 15 days and 7-15 days. The within 7 days segment dominated the market, with a market share of around 43% in 2024. Short term trips – which can be one to seven days long – have gained popularity with both domestic and international travellers wanting hassle free, inexpensive vacations that fit into busy schedules. Under the constraint of insufficient vacation days, for most working professionals in the U.S., travel within seven days enables the travellers to satisfy their urge to visit new places without spending too much time away from workstations. Weekend getaways, 3–5-day city breaks and short adventures are now commonplace especially considering the end of formal working hours, amidst remote and hybrid work models, which have increasingly muddled the divide between working and leisure time providing an impetus for casual and quick getaways/trips. Shorter trips also mean lower expenditure on accommodations, food, and activity thus making travel less expensive for a wider demographic in the face of inflation and travelling expenses shooting through the roof. In addition, the increase of budget airlines, last minute deals and short distance travel possibilities (such as road trips or regional flights) also support the popularity of travel within a week.
The travel type segment is divided into business spending and leisure spending. The business spending segment dominated the market, with a market share of around 51% in 2024. business travel became the fastest growing sector of the tourism market in the United States, facilitated by the convergence of returning economic growth, changed working patterns, and renewed in-person engagement. There are various reasons that cause this aggressive growth. The resurrection of events, conferences, trade shows has re-kindled the need of corporate travel as businesses realize the benefits of the face-to-face meetings in building relationships and closing deals. Moreover, the emergence of hybrid work models requires occasional face-to-face meeting to maintain team cohesion and collaboration thus pushing the need for travel forward. The wave of new “bleisure” travel, bringing together business and leisure, has also become popular, especially among younger professionals who want to use their trips to the greatest extent possible for work purposes and the benefits for their personal development. This change is indicative of a larger society value placed on work-life balance that has made companies develop policies that allow for flexible traveling. Furthermore, industries like technology, finance and pharmaceuticals have proved increased number of business travels hence highlighting the importance of the industry in different areas of the economy. Internalisation of the latest technology, such as digital booking platforms and data analytics, have simplified travel management making corporate travel simpler and more attractive.
Attribute | Description |
---|---|
Market Size | Revenue (USD Trillion) |
Market size value in 2024 | USD 2.50 Trillion |
Market size value in 2034 | USD 5.39 Trillion |
CAGR (2025 to 2034) | 8% |
Historical data | 2021-2023 |
Base Year | 2024 |
Forecast | 2025-2034 |
Segments | Travel Days and Travel Type |
As per The Brainy Insights, the size of the US tourism market was valued at USD 2.50 trillion in 2024 to USD 5.39 trillion by 2034.
US tourism market is growing at a CAGR of 8% during the forecast period 2025-2034.
The market's growth will be influenced by high per capital income and attractive tourist destinations.
Political and societal circumstances could hamper the market growth.
This study forecasts revenue from 2021 to 2034. The Brainy Insights has segmented the US tourism market based on below mentioned segments:
US Tourism Market by Travel Days:
US Tourism Market by Travel Type:
Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision.
Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.
The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.
Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:
The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.
The data procurement stage involves in data gathering and collecting through various data sources.
This stage involves in extensive research. These data sources includes:
Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:
Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.
Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.
The supply side for a domain specific market is analysed by:
The demand side for the market is estimated through:
In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.
Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:
Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:
Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.
This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.
Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.
The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:
Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.
Free Customization
Fortune 500 Clients
Free Yearly Update On Purchase Of Multi/Corporate License
Companies Served Till Date