Its official – The Travel Promotion Act is Now a Law

The Sundance Vacations travel community is elated! The U.S. celebrated a major victory recently when President Obama signed into law the first-ever national travel promotion and communications program to attract more international travelers to the U.S. This is a major step in addressing America’s decline in attracting overseas visitors to the U.S. during the past decade.

According to the US Travel Association, “The Act is in response to worrisome evidence that the U.S. is losing ground to other countries in the global travel market. The U.S. welcomed 2.4 million fewer overseas visitors in 2009 than in 2000, and the failure to simply keep pace with the growth in international long-haul travel since 2000 has cost the U.S. economy an estimated $509 billion in total spending and $32 billion in direct tax receipts, according to the U.S. Travel Association. The Travel Promotion Act will counteract this trend by creating a campaign to promote the United States as a premier destination and explain changing travel security policies to foreign visitors.”

“By signing the Travel Promotion Act, President Obama has acted to support the power of travel to serve as an economic stimulant, job generator and diplomatic tool,” said Roger Dow, president & CEO of the U.S. Travel Association. “This program will create tens of thousands of American jobs and help reverse negative perceptions about travel to the United States.” (US Travel Association Press)

Oxford Economics estimates that a successful national promotion will yield $4 billion in new spending annually, create 40,000 new jobs and generate $321 million in new tax revenue each year. The Congressional Budget Office reported that the Travel Promotion Act would reduce the federal deficit by $425 million over ten years!! For more information about the Travel Promotion Act, please visit www.poweroftravel.org or www.ustravel.org.

Sundance Vacations couldn’t be more excited! We welcome all international travelers to visit the plethora of Sundance Vacations properties located throughout the U.S, Mexico, and the Caribbean. What is your favorite Sundance Vacations property? www.sundancevacations.com