International visitor spending in the U.S. surpassed $17.5 billion in May 2023, the highest monthly spending total since the onset of the pandemic, according to the National Travel and Tourism Office.
The May figure represents a 26% increase over the same month in 2022. Visitors spent a total of just under $84.7 billion in tourism-related goods and services in the U.S. in the first five months of this year, a 41% increase over the same period in 2022. That’s about $561 million a day.
Total visitor spending includes travel related costs, transportation receipts and medical/education and short-term worker spending. Travel spending, which represented about 55% of all tourism related receipts in May, hit $9.7 billion, up from $7.2 billion a year ago. Fares received by U.S. carriers from international visitors reached $3.2 billion, an increase of 30% from May 2022.
Meanwhile, Americans traveling abroad spent about $17 billion in May. That means the U.S. had a travel-related trade surplus of $530 million for the month, only the fourth month during which U.S. travel and tourism exports outpaced imports in the last year.
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