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Travel Industry Association of America___
Tuesday, September 26, 2006


World Tourism Day celebrated in nations near and far

Today marks the official recognition of World Tourism Day, a global highlight of the power of travel sanctioned by the United Nations’ World Tourism Organization. The Travel Industry Association (TIA), based in Washington, D.C., is leading the country’s participation in this international event.

“Tourism Enriches” is the worldwide theme and speaks to the many contributions and opportunities created by the $646 billion U.S. tourism industry.

Roger Dow, President and CEO of TIA, will join international tourism leaders in Lisbon, Portugal – the site of World Tourism Day’s official activities – to represent the United States in the day’s proceedings. In addition, TIA will speak on behalf of the U.S. travel industry at think tank sessions related to global tourism.

“Inviting more international visitors to the United States is a priority and an exciting opportunity for us, and World Tourism Day is another step in letting travelers know that America and the American people welcome their visit,” Dow said. “Nationwide, cities and states are greatly impacted by the economic, social and cultural benefits of travel.”

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How will the currently developing financial crisis and oil prices rally affect the tourism industry?.

they will have temporary and minimal effect and the situation will stabilize in a year or two

we should be looking at a restructuring in the international tourism movements and trends

it is still too early to access the impact on world tourism, medium or long term

we will see more tourism closer to home, and less international travel

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