US Travel Association Releases Updated Travel Forecast, Predicts Threats to Economy and Jobs

Image:  (Photo Credit: Courtesy AdobeStock)
Image: (Photo Credit: Courtesy AdobeStock)
Noreen Kompanik
by Noreen Kompanik
Last updated: 3:20 PM ET, Thu October 2, 2025

Though the U.S. Travel Association forecast for 2025 revealed modest growth, the bad news is that the significant decline in international visitors threatens both American jobs and the economy.

The report states that, “The latest forecast signals both opportunity and warning for America’s travel economy. While domestic travel is holding steady, the continued decline in international visitors threatens billions in spending and thousands of jobs. The next decade can be one of extraordinary growth, but only if we act decisively. Outdated systems, excessive visa wait times and new travel deterrents are driving global visitors elsewhere. The U.S. must lead by modernizing travel infrastructure, streamlining entry processes and sending a clear message: America is open for business.”

Travel, the forecast went on to say, "is one of the most dynamic industries in the world, a powerful engine of economic growth that supports nearly one in 10 American jobs, contributes $2.9 trillion to GDP and provides opportunities for millions of Americans. Beyond economic impact, travel fosters social cohesion, strengthens cultural understanding and enriches lives by boosting health, resilience and lifelong learning."

Total U.S. travel spending is projected to grow 1.1% to $1.35 trillion in 2025, and will reach $1.49 trillion by 2029, the report said. Domestic travelers are forecasted to spend $1.2 trillion in 2025, fueling communities nationwide, according to the report. International visitors are estimated to spend $173 billion this year, making travel America’s largest services export. 

Inbound international visits are projected to decrease 6.3% from 72.4 million in 2024 to 67.9 million in 2025. This marks the first decline since 2020. However, visits are expected to rebound in 2026 thanks to major events like the FIFA World Cup and America 250 celebrations. 


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