Open Journal of Social Sciences

Volume 10, Issue 7 (July 2022)

ISSN Print: 2327-5952   ISSN Online: 2327-5960

Google-based Impact Factor: 0.73  Citations  

An Analysis of Tourist Spending by International Visitors to the United States during the COVID-19 Pandemic

HTML  XML Download Download as PDF (Size: 324KB)  PP. 186-197  
DOI: 10.4236/jss.2022.107016    118 Downloads   973 Views  

ABSTRACT

The COVID-19 pandemic disproportionately affected sectors that require international travel. One of these is the tourism sector. This study examined the impact of the pandemic on the spending patterns of international tourists in the United States. Using a vector autoregressive (VAR) framework, the study explored the influences of COVID cases and deaths on the number of international visitors in the United States. Exogenous variables in the VAR model are tourists’ expenditure, GDP, and the total population of tourists’ countries of residence. The lag order selected by Akaike and Schwarz information criteria was 2. The findings revealed that immediate past values of COVID cases and deaths determined their current figures as well as the count of international tourists in the U.S. Furthermore, tourists’ expenditure, as well as GDP and population of tourists’ countries, influenced the propensities of international tourists to select the U.S. as their destination. However, tourists’ spending was not found a significant determinant of COVID cases and deaths, suggesting that coronavirus did not respect the spending abilities of the tourists. The study concluded that the U.S. authorities should be prepared for more inflow of visitors from countries with high GDP and high populations and should be cautious of high spending patterns of visitors as this may add to the existing inflationary pressures in the country.

Share and Cite:

Olaleye, E. and Oluwoye, J. (2022) An Analysis of Tourist Spending by International Visitors to the United States during the COVID-19 Pandemic. Open Journal of Social Sciences, 10, 186-197. doi: 10.4236/jss.2022.107016.

Cited by

No relevant information.

Copyright © 2024 by authors and Scientific Research Publishing Inc.

Creative Commons License

This work and the related PDF file are licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.