US travel and tourism trade surplus breaks record in 2013
Acting Under Secretary of Commerce for International Trade Ken Hyatt has announced that international visitors to the United States spent an estimated $15.3 billion on travel and tourism-related activities in November 2013. International visitors have injected nearly $165 billion into the U.S. economy since January 2013, an increase of approximately 9 percent. Additionally, the United States travel and tourism trade surplus reached a record-breaking $52 billion in 2013.
"The United States continues to enjoy a trade surplus in the services industry and tourism exports account for 25 percent of that surplus, and nearly 45 percent of the growth of total services exports," said Hyatt. "Travel and tourism is a vital contributor to our economy and supports millions of American jobs. ITA and the Department of Commerce will continue to support policies that help increase travel to the United States."
Travel and tourism exports consist of Travel Receipts and Passenger Fare Receipts.
Travel Receipts: Purchases of travel and tourism-related goods and services by international visitors traveling in the United States totalled $11.8 billion during November, an increase of nearly 8 percent when compared to November 2012. These goods and services include food, lodging, recreation, gifts, entertainment, local transportation in the United States, and other items incidental to foreign travel.
Passenger Fare Receipts: Fares received by U.S. carriers (and U.S. vessel operators) from international visitors totaled $3.4 billion for the month, an increase of 3 percent when compared to November 2012.
The growth of total U.S. travel and tourism exports continues to outpace the growth of total U.S. services exports; international visitor spending increased almost 9 percent, while total U.S. services exports increased by 5 percent during the same period. Moreover, the year-to-date increase in total travel and tourism exports accounts for nearly 45 percent of the growth of total services exports.
As a result of exports exceeding imports, the United States enjoyed a surplus of nearly $4.8 billion for November, and a record-breaking $52.1 billion surplus year to date.
Marriott launches mobile site for job applications
Job seekers interested in joining Marriott International can now search and apply for new career opportunities on their mobile devices. Marriott is the first hospitality company to roll out this convenience as more professionals, especially millennials, are relying on their mobile devices to connect with potential employers.
Mobile web usage is accelerating globally. In 2013, there were almost as many mobile-cellular subscriptions as people in the world. Of the world's 6 billion mobile phones, over 75 percent are located in the developing world where mobile phones are more affordable than computers.
"We recognize that the job hunt is changing rapidly," said David Rodriguez, executive vice president and chief human resources officer. "Today, 70 percent of job seekers are using their mobile device to research their next career move. We believe that investing in new mobile technology is critical to attracting talent, especially millennials and those in emerging markets who depend on their mobile devices more than any other generation before them. With more than 3900 properties worldwide and continued, aggressive growth, we need to reach job seekers just as much as they need to reach us."
To date, only 5 percent of Fortune 500 companies offer candidates the opportunity to apply for jobs on mobile devices.
"In many emerging markets in Asia, the Middle East and Africa, people solely rely on their mobile device to complete day-to-day transactions," added Rodriguez. India is an example of a mobile-only country where 59 percent of mobile web users never or rarely use desktop web. "As more users forgo computers for mobile-only web experiences, and with Marriott's global presence spanning more than 70 countries, it is imperative that we have the technology in place to meet fundamental needs - like finding a job."
Available on all smartphones, tablets, and feature phones, candidates can visit http://m.jobs.marriott.com or http://m.jobs.ritzcarlton.com to search and apply for jobs. They have the choice to type in their information or import it directly from their LinkedIn profile. Currently, mobile apply is available in six languages including English, Spanish, French, Simplified Chinese, German, and Portuguese with additional languages launching in March.