More Americans want to get out and explore abroad
More Americans are planning to travel abroad next year, up from the 2.5 million in 2015, according to the latest report from the National Association of Realtors.
While the number of international travelers is expected to rise, it will fall short of the 3.6 million who visited the U.S. in 2015.
Realtor Michael DeCarlo told CNNMoney that the biggest growth in the country is expected from millennials.
“They’re coming to the country to experience the world, and the number is expected increase to around 4 million in 2019,” DeCarlos said.
Millennials have grown up with the Internet, the convenience of travel and the excitement of finding a job abroad.
The group is also starting to find their niche overseas, DeCarlas said.
“We’ve seen a trend for the past few years.
And they’re really finding their way into the market, so the number will increase as well,” he said.
DeCarla also expects the number to increase further after the 2020 Olympics in Tokyo.
“It’s a very lucrative market,” he told CNN.
In 2018, the U,S.
ranked first in the world in number of foreign tourists.
But DeCarlos said the U S has an uphill battle to compete with the likes of Germany, Japan and the U Kingdom.
He also expects some other countries to rise to the top.
“In the coming years, it’s going to be a battle,” he predicted.
The number of Americans going abroad for the first time increased 2.2 percent in the first quarter of 2019, according the Realtoric report.
The report showed the number increased by 2.1 percent in 2018, but is expected by 2020 to increase by 5 percent.
It’s unclear how many of these Americans will go abroad again.
A U.K. tourist survey in 2019 showed that more than a third of those surveyed said they would never go abroad.
While that figure was much lower than the overall foreign travel, it was still higher than the rate in the U and Canada.
De Carlas said it is important for tourists to stay on the U side of the Atlantic.
“There are so many things going on, you really don’t know how much of an impact it’s having,” he explained.