US Economy to Lose $12.5 Billion in Tourism Due to Political Climate
The U.S. is projected to lose $12.5 billion in international visitor spending in 2025, a 22.5% decline from the previous peak and a stark contrast to the growth seen in other global economies. This downturn, impacting jobs and businesses nationwide, makes the U.S. the only country among 184 analyzed to experience a decrease in international tourism spending. The decline is attributed to a failure to address issues impacting international traveler confidence, despite the strong domestic tourism market. Urgent action is needed to reverse this trend and restore the U.S.’s position as a leading global tourism destination.
John Q. Hosedrinker