Quote by Mark Foley

Domestic travel and tourism-related spending has reached $1 trillion a year.

Domestic travel and tourism-related spending has reached $1

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.

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