The United States is losing substantial numbers of business travelers to Europe because of the stringent security measures it imposes on international visitors, according to a report by a tourism industry group released Monday.

Europe, meanwhile, is failing to fully capitalize on increased interest from Asian travelers because many countries do not have adequate services and infrastructure for that burgeoning market.

The World Travel Market 2006 report — conducted by Euromonitor International — found that total business arrivals to the United States fell by 10% to 7 million over the 2004-2005 period, while the number of the business visitors to Europe grew by 8% to 84 million over the same period.

Euromonitor International spokesman Clement Wong said the trend away from North America was likely to intensify as security restrictions continue, making obtaining visas more difficult.

"Rather than travel to the U.S., business travelers and leisure travelers are coming to Europe," Wong said at the opening of the four-day World Travel Market in London's Docklands business district.

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