Inbound tourism expenditure on air passenger transport services in the US experienced significant fluctuations between 2013 and 2023. There was a notable decline from 2013 to 2016, followed by a moderate recovery up to 2019. The COVID-19 pandemic caused an unprecedented drop in 2020. The recovery post-pandemic has been significant, with expenditure reaching 48.38 billion USD in 2023. For the past five years, the CAGR was 1.19%. Forecast data suggest continued growth, with a projected CAGR of 1.67% from 2024 to 2028, indicating a stable yet moderate increase.

Future trends to watch for:

Potential impacts of global economic conditions on tourism and travel.
Evolving consumer behavior and preferences in post-pandemic travel.
Technological advancements in air travel and their influence on costs and services.