Boston, MA -- (SBWIRE) -- 10/08/2014 -- Domestic trips taken increased by 2% in 2013 and value sales rose 3%. The domestic tourism industry was aided by a slowly increasing economy, increased consumer confidence and willingness to travel. Many consumers have put off taking trips for a number of years as their financial situations were precarious but increasing numbers had the confidence to travel in 2013. Still, the economic situation remains uncertain for many Americans and low growth in the business sector continues to hold back the domestic market.

Industry Prospects

Over the forecast period domestic expenditure on travel is expected to increase at a CAGR of 3% (at constant 2013 prices). This is well above the review period CAGR of 2% in current terms, as this average is pulled down sharply by the effect of the economic recession. Growth over the forecast period is expected to increase at a relatively constant rate in contrast to the review period where yearly growth rates ranged from -8% in 2008-2009 to 6% in 2009-2010. The constant increase is expected as the economy continues its upward trajectory.

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Report Overview

Discover the latest market trends and uncover sources of future market growth for the Tourism Flows Domestic industry in USA with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Tourism Flows Domestic industry in USA, our research will save you time and money while empowering you to make informed, profitable decisions.

The Tourism Flows Domestic in USA market research report includes:

- Analysis of key supply-side and demand trends
- Detailed segmentation
- Historic volumes and values
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- What is the market size of Tourism Flows Domestic in USA?
- How dependent is USA on domestic tourism expenditure?
- What are the most popular destinations for domestic visitors?
- Which regions have the greatest number of star ratings?

Reasons to Get this Report

- Gain competitive intelligence
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions

Product coverage: Domestic Tourism By Destination, Domestic Tourism Travel By Purpose Of Visit.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

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