“Real spending on travel and tourism declined at an annual rate of 5.9 percent in 2009:1 after decreasing 6.9 percent (revised) in 2008:4.  By comparison, real gross domestic product (GDP) decreased 5.7 percent (preliminary) in 2009:1 after a decrease of 6.3 percent in 2008:4. Real spending declined despite a drop in travel and tourism prices of 10.9 percent in 2009:1 following a 16.5 percent (revised) decrease in 2008:4.  Leading the decline was passenger air transportation (28.7 percent) and traveler accommodations (15.1 percent).”

• Passenger air transportation continued to contract—decreasing 5.8 percent in 2009:1 after decreasing 8.7 percent (revised) in 2008:4.  Real spending on domestic flights declined for the sixth consecutive quarter; however, real spending on international flights rose 10.5 percent after an increase of 10.1 percent in the previous quarter.
• Spending on accommodations posted a larger decrease—18.6 percent in 2009:1 after a 10.4 percent (revised) decrease in 2008:4.  The hotel industry continued to experience declining demand that was only partially offset by reduced room rates, leading to the decline in real spending.
• Retail shopping by travelers showed a smaller decrease of 1.3 percent in 2009:1 compared to a decrease of 11.6 percent in 2008:4.

Real Tourism Spending. Spending on passenger air transportation declined for the fourth straight quarter, falling 5.8 percent in 2009:1 after an 8.7 percent decrease in 2008:4.  However, international air transportation increased by 10.5 percent for the quarter. An 18.6 percent decline in traveler accommodations spending followed a decline of 10.4 percent (revised) in the previous quarter. Transportation prices continued to decline in 2009:1—decreasing 23.0 percent after decreasing 36.1 percent (revised) in 2008:4.  Auto travelers and tourists continued to pay significantly less for gasoline at the pump and airfare continued to become more affordable.

Tourism Prices. Prices for passenger air transportation fell sharply in 2009:1—decreasing 28.7 percent following a decrease of 2.3 percent (revised) in 2008:4. Fuel costs continued to decrease allowing airlines to reduce fares to stimulate demand. Prices for accommodations decreased 15.1 percent after falling 7.0 percent in the previous quarter. Business travel continued to decline and those traveling were using lower cost lodging to reduce expenditures.

Total Tourism-Related Spending. The U.S. production that tourism spending generates not only includes the goods and services that are purchased directly, but also the inputs used to produce these goods and services—indirect tourism-related spending.  In 2009:1, total current-dollar tourism-related spending of $1.2 trillion consisted of $705.0 billion (57 percent) of direct tourism spending—goods and services sold directly to visitors—and $540.0 billion (43 percent) of indirect tourism-related spending—goods and services used to produce what visitors buy.

1. Providing a professional representation of your service with a website that attracts the savvy tourist.
2. Not just any website but an SEO (Search Engine Optimization) website that will put your business at the top of their internet queries.  They can’t miss you!
3. The potential for an interactive website where the customer can make reservations, payments and receive confirmation on the great service you are offering.
4. Provide an in-house database that speaks to the website for all of your accounting, inventory and prospective in-office needs.  Saving your business precious time and resources yet building your customer base.

Meet some of our satisfied customers:

Sonshine Educational Tours, Inc.

Advanced Electronic Diagnostics, Inc.

Kshuttle

Coastal Data Enterprises, Inc. also provides FREE consultation and evaluation of your custom database and website needs. We provide flexible and professional tier-staged proposals to suit any budget or limitations. Why wait …. Contact CoDE today!