April 29, 2024

Marketing

A Pitch For A New Pitch

Diane Sears | 7/1/2006

The U.S. travel industry needs to take a new approach to the way it markets the country to foreign visitors, Walt Disney Parks and Resorts Chairman Jay Rasulo told an audience at the International Pow Wow at the Orange County Convention Center.

Rasulo, chairman of the Travel Industry Association of America, is working with TIA President and CEO Roger Dow to launch "an Apollo project" designed to form a national marketing plan to increase foreign travel to the U.S. "Every added point of market share translates into 8 million new visitors, who generate 150,000 new jobs, $12 billion in revenues and $2 billion in tax revenues," Rasulo said.

In Florida, 24% of the estimated 79 million annual visitors come from overseas and generate $57 billion in taxable sales, according to Visit Florida and Smith Travel Research.

More than 1,000 U.S. travel organizations and about 1,500 domestic and foreign travel buyers from 70-plus countries attended the Pow Wow in May, a marketplace where buyers and sellers negotiate contracts and generate more than $3.5 billion in travel.

Tags: Dining & Travel, North Central

Florida Business News

Florida News Releases

Florida Trend Video Pick

Florida invests $850 million to advance Everglades restoration
Florida invests $850 million to advance Everglades restoration

Early storm season start?; Florida's faltering film industry; Everglades restoration incoming; Milestone in BP oil settlement distribution; Burger Suing King

 

Video Picks | Viewpoints@FloridaTrend

Ballot Box

Do you think recreational marijuana should be legal in Florida?

  • Yes, I'm in favor of legalizing marijuana
  • Absolutely not
  • I'm on the fence
  • Other (share thoughts in the comment section below)

See Results

Florida Trend Media Company
490 1st Ave S
St Petersburg, FL 33701
727.821.5800

© Copyright 2024 Trend Magazines Inc. All rights reserved.