Question
Here is the question : HOW MUCH DID AMERICANS SPEND ON TRAVEL LAST YEAR?
Option
Here is the option for the question :
- $722 million
- $5 billion
- $844 million
- $1 billion
The Answer:
And, the answer for the the question is :
Explanation:
According to a report from the U.S. Travel Association, Americans have 99 problems but dropping a cool billion on travel ain’t one. It is projected that Americans spent only a hair more than $1 billion on domestic and international travel in 2017, which in turn sparked over $2.4 trillion (yes, that’s a T) in economic activity and supported roughly 16 million employment in the United States. We would urge you to continue on your journey, but it is clear that you are already engaged in this activity.
According to recent data, Americans spent approximately $1 billion on travel in the past year. This includes spending on a variety of travel-related expenses, such as transportation, lodging, food, and entertainment.
The travel industry is a major contributor to the American economy, providing jobs and generating revenue for a variety of businesses and industries. In 2019, travel and tourism accounted for approximately 7.7 million jobs and contributed $2.6 trillion to the US economy.
However, the COVID-19 pandemic has had a significant impact on the travel industry, with many Americans canceling or postponing their travel plans due to health and safety concerns. The pandemic has also led to widespread travel restrictions and border closures, further limiting Americans’ ability to travel both domestically and internationally.
the travel industry is slowly beginning to recover, with many Americans eager to resume their travel plans as vaccinations become more widely available and restrictions are lifted. Domestic travel has seen a surge in popularity, with many Americans opting for road trips and outdoor activities that allow for social distancing and minimize the risk of exposure to the virus.
International travel is also beginning to pick up, with many countries reopening their borders to vaccinated travelers and implementing new health and safety protocols to ensure the safety of visitors.
the travel industry is an important part of the American economy and a significant contributor to the country’s cultural and social fabric. As the world continues to navigate the ongoing challenges posed by the pandemic, the travel industry will play a critical role in facilitating economic recovery and helping Americans once again experience the joys and benefits of travel.