International tourists spending reports an increase of 4 percent

International tourists spending reported an increase of 4 percent last year as compared to previous year. Tourists spent over a trillion euros while travelling last year, whether on transportation, accommodation, food, shopping, entertainment, announced the United Nations World Tourism Organization on July 21 in Madrid.

Tourists spent the most in the US in 2014 where tourism generated revenues of over 162 billion euros ($177 billion), or 2.5 percent more than the year before.

The US was followed by Spain where tourists spent 60 billion euros ($65 billion), followed by China and France.

According to the World Tourism Organization, American tourists spent over 100 billion dollars travelling outside the country while Chinese tourists were the ones who spent the most money during their holidays abroad, with a total of 151 billion euros ($165 billion) – an increase of 27 percent. German tourists allocated over 84 billion euros to their vacations outside the country.