Overseas travel to the United States and Florida is an important component of the Orlando vacation home rental market. The United States States Department of Commerce, Office of Travel and Tourism Industries (OTTI) recently released two companion documents concerning retrospective inbound travel to the United States along with projections for travel out to 2013.
According to the OTTI, Florida had a 20.7% market share for all international tourists to the United States. This represents about 5.2 million total travelers. Florida ranks #3 just behind New York and California. Moreover, Florida narrowed the total international visitor gap with California and now only lags California by 50,000 international visitors annually. Of all US cities, Orlando ranks #5 just behind New York City, Los Angeles, San Francisco and Miami (in that order) for international travel. Of note is the fact that Miami and Orlando combined represent about 95% of all international traffic to Florida with a total volume of approximately 5 million annual global vacationers.
The OTTI also made some forecasts for international visitor volume to the US for 2009 and beyond:
- OTTI forecasts international travel volume to decline 6% and 11% for 2009
- Europe is projected to decline 9% in 2009, but to resume increases out to 2013
- Asia is forecasted to drop 5% in 2009, but rise 21% out to 2013
- South America is projected to decline 4% in 2009, and improve by the largest percentage amount out to 2013
- As we have blogged about in the past, Brazil is projected to rise significantly longer term and is forecasted to move into the 7th spot for international tourism to the United States.
As we have indicated before, Orlando area vacation rentals represent a significant value for overseas vacation travelers to the United States and to Florida. Most homes have such luxurious amenities as pools, self catering kitchens, community facililities and other great options and most are located near Disney. This website is dedicated to blogging about reliable consumer information that helps sort out all the various communities, resorts and subdivisions for various factors including quality, location, and amenities.