In 2023, the inbound tourism expenditure on railway passenger transport services in the US stood at 35.0 million US Dollars. The forecasted data for the upcoming years indicates a declining trend: from 27.81 million in 2024 to 1.46 million in 2028. This represents a year-on-year decrease of approximately -23.88% from 2024 to 2025, -31.18% from 2025 to 2026, -45.08% from 2026 to 2027, and a drastic -81.75% from 2027 to 2028. The compound annual growth rate (CAGR) is expected to be -40.95% over the five-year period.
Future trends to watch for:
- Changes in inbound tourism patterns due to economic factors or global events.
- Potential shifts to alternative transportation modes.
- Technological advancements in railway services.
- Policy changes influencing travel and transportation sectors.
