Summary
This quote highlights the significant economic impact of domestic travel and tourism. With spending reaching $1 trillion annually, it signifies the substantial contribution of this industry towards a country's overall GDP. This figure reflects the amount of money spent by individuals on transportation, accommodation, dining, activities, and other travel-related services within their own country. The quote underscores the importance of this sector as it generates a substantial amount of revenue, creates job opportunities, and stimulates economic growth while promoting and supporting local businesses.
Topics
Travel
By Mark Foley