USA Outbound Tourism Market to Nordics to cross US$ 1.5 Billion by 2024
03 Oct, 2018
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Visiting Nordic Countries is incredible, it’s stunning scenery, crisp air, colorful and cute little cities, delicious food; all influence Americans to take a tour to Nordic Countries. Countries wide diversity in scenery and landscape attracts Americans over and again to visit the Nordic Countries. Nordic Countries mainly made up of Denmark, Norway, Sweden, Iceland, Finland and Greenland. United States Outbound Tourism Market to Nordics is expected to cross US$ 1.5 Billion by the year 2024.
Americans are travelling strongly, with nearly 7.5 percent year over year increase in outbound trips. Further, travel from America to Europe is thriving significantly with an increase of approx 15 percent year on year. American travelers are diversifying their overseas trips very rapidly. Some of the reasons for American travelers include Business, Holiday, Experience Culture, Pleasure, Visit Friends & Family, Big Event and Others.
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The number of holidays and visiting friends & relatives trips are trending. Among different holiday trips like pleasure, sightseeing, city tour, etc., city tour trips are gaining popularity over the years and are expected to follow the same trend in near future. While holiday trips are losing its market share in other regions around the world namely in Europe & Asia, Americans went on more holidays trips, with an increase of almost 10 percent over the years. It may be due to increasing demand for sun & beach holiday tours by the Americans. Middle aged Americans are amongst the most likely travelers to visit foreign lands.
When Americans are travelling
Summertime is when Americans like to visit foreign, with July is the peak month. March and December are other travel peak months. Americans travel in a highly structured and seasonal manner which makes it easier for the travel industry to market their product & services.
Why Americans are travelling
- Among the reasons that why are Americans travelling overseas. Unemployment is the most considerable reason. In the recent years, unemployment has fallen significantly and so the travelers have more money in their pockets to explore world. Also, in terms of spending, it seems that Americans are willing and are able to spend on their outbound travel. On an estimate, US outbound tourism market was worth more than US$ 200 Billion, of which holiday or pleasure segment accounts for almost 50 percent. Further, the number of Americans holding passports has grown very rapidly.
- Thus, with increasing interest of exploring world coupled with pocket full of money, Americans are among the top visitors, visiting abroad.
- Today, Americans are looking for some new destinations after having visited the well-known destinations around the world, which have better flight connectivity from United States. With increasing direct connectivity between United States and Nordic Countries, Americans now have a better opportunity to try out these countries that have enriched heritage and diverse landscape to explore. All these above mentioned factors indeed help United States Outbound Tourism Market in Nordics to grow seamlessly in the coming future.
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Market Summary
Region-wise Iceland is the most visited destination by Americans. In addition to this report also provides the market of Norway, Denmark, Sweden, Finland, Iceland and Greenland.
On the basis of purpose Holiday / Leisure accounts for the lion’s Market Share. The reports have been divided into three segments: Holiday/Leisure, Business, Visiting Friends & Relatives (VFR) and others.
Accommodation wise report captures the detailed market of Hotels, Camping Sites, Rented Holiday Cottage, Friends & Relative and Others. Hotels and similar establishments are most preferred by the Americans.
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Key Topics Covered :
1. Executive Summary
2. USA Outbound Tourists to Nordic Countries
2.1 Tourism Type: USA Outbound Tourists
3. USA Outbound Tourists Market (Spending) in Nordic
3.1 USA Outbound Tourists Market
3.2 Tourism Type Market: USA Outbound Tourists
4. USA Outbound Tourists Accommodation in Nordic Countries
4.1 Hotel / Guesthouse
4.2 Rented Cottage, Camping Sites and Hostels
4.3 Others
5. Tourists Share (%) – Numbers & Market (Spending)
5.1 USA Outbound Tourists to Nordic Countries
5.2 USA Outbound Tourism Market (Spending) Share (%)
6. Norway
6.1 USA Outbound Tourists Numbers
6.2 USA Outbound Tourism Market (Spending)
7. Denmark
7.1 USA Outbound Tourists Numbers
7.2 USA Outbound Tourism Market (Spending)
8. Sweden
8.1 USA Outbound Tourists Numbers
8.2 USA Outbound Tourism Market (Spending)
9. Finland
9.1 USA Outbound Tourists Numbers
9.2 USA Outbound Tourism Market (Spending)
10. Iceland
10.1 USA Outbound Tourists Numbers
10.2 USA Outbound Tourism Market (Spending)
11. Greenland
11.1 USA Outbound Tourists Numbers
11.2 USA Outbound Tourism Market (Spending)
12. Accommodation – China Outbound Tourists Numbers
12.1 Norway
12.2 Denmark
12.3 Sweden
12.4 Finland
12.5 Iceland
12.6 Greenland
13. Average Length of Stay & Expense
13.1 Average Length of Stay (Per Trip)
13.2 Average Expense (Per Trip)
14. USA Outbound Tourists to All Destinations
15. USA Outbound Tourists Visit to Europe
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