The U.S. won some and lost some last year in the worldwide
competition for travelers from its top international tourist
markets, according to the Travel Industry Association's annual
Market Share Indicator.
Market share was up more than 3% for Italy, Switzerland, Taiwan
and the U.K. last year. The share fell by 4% or more, however, for
Australia, Canada, Japan and Spain.
Many of the declines were attributable to weak economies or the
falling value of the country's currency against the U.S. dollar,
TIA researchers said. But Switzerland and Taiwan also saw
depreciation in their currency, which made those market share
increases a welcome surprise, TIA said.