Forbes - International tourism to US is cratering
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Archived from the IMDb Discussion Forums — The Soapbox
Corwin — 1 year ago(March 30, 2025 01:07 PM)
www.forbes.com/sites/suzannerowankelleher/2025/03/27/trump-torpedo-foreign-tourism/
President Trump’s tariffs, imperialistic rhetoric and viral headlines of foreigners with legal tourist visas and green cards being detained by U.S. immigration officials are “stacking up as significant hurdles for the U.S. travel industry” and “setting international travel back several years,” Adam Sacks, president of Tourism Economics, a nonpartisan Oxford Economics company tracking tourism statistics, told Forbes.
While Tourism Economics’ end-of-2024 forecast had projected 9% growth for international inbound travel to the U.S. this year, the organization has revised its baseline forecast for a year-over-year drop of 5%—“but we recognize that it could be well worse than that, as things continue to unfold,” Sacks said.
Tourism Economics is forecasting total U.S. travel spending, representing domestic and inbound spending combined, will be 3.7% lower than its original prediction from December, amounting to an estimated $64 billion loss this year for the U.S. economy.
Oh well. -
/.ㅤ — 1 year ago(March 30, 2025 02:03 PM)
This is true. America was getting over 10 million "tourists" per year under Biden. What will happen to the tourism driven U.S. economy? Perhaps they'll have to turn to prostitution and selling drugs now. Oh wait..
My password is password. -
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/.ㅤ — 1 year ago(March 31, 2025 12:02 AM)
WRONG.
Chinese nationals need to inspect your farmland before they purchase it. The same for executives at Blackrock.
Luckily you also have great American businessmen like Bill Gates to offer some competition to these foreign buyers who are up to no good. He's our white knight alternative
My password is password.