Moderate economic growth and decreasing unemployment rates helped buoy the U.S. travel and tourism sector in 2015. Domestic arrivals grew by 2.4 percent with 2.2. billion trips, according to a report from Canadean. Due to a stronger U.S. dollar, outbound travel growth was robust in 2015, but international arrivals’ growth slowed in comparison to 2014. Even though a strong U.S. dollar weakens the buying power of foreign travelers, that hasn’t stopped them from flocking to major markets like New York City, which is expecting 59.7 million tourists this year. That would exceed last year’s record of 58.3 million visitors by 2.4 percent, The New York Times reports. China, the fourth-largest source of foreign tourists to the city, is projected to account for 920,000 visitors in 2016. Read more here.
