Nothing, it seems, will keep travelers grounded for long. After a wild couple of years - complete with a recession, strikes, security incidents, a pandemic and even a volcano - the global travel and tourism sector has bounced back and then some. Worldwide, there were 935 million international tourist arrivals in 2010, up 58 million from 2009. But the United States is drawing slightly fewer overseas arrivals today than it did in 2000. Now that travelers are willing to seek out more far-flung destinations, how can the U.S. do a better job of attracting and welcoming international visitors - and competing for their business? Is it time to streamline airport security? What's the impact of taxing visitors in order to balance local budgets? Globally, can the industry absorb higher oil prices and airfares? What are the hot destinations, and where are visitors willing to spend? Many hotel developers were hard-hit by the slump in commercial real estate - are they finally turning a corner? This panel of industry veterans will discuss the state of the travel business.
Executive Director, Program Development and Marketing, Milken Institute
President and CEO, U.S. Travel Association
Chairman, President and CEO, Caesars Entertainment Corp.
Senior Advisor of Innovation & Entrepreneurship, Chilean Ministry of Economy
Executive Director, Admissibility and Passenger Programs, Office of Field Operations, U.S. Customs and Border Protection