Published on : Thursday, March 30, 2017
As an aftermath of President Trump’s travel ban and uninviting political climate, the U.S. Tourism could face $18 billion loss from international tourism over the next two years, as per estimations by travel analysts.
International tourism is a $250 billion a year business in the U.S. and Trump’s original and later revised executive orders banning travel from majority Muslim countries have diminished tourist interest worldwide regarding visit to the U.S.
Following the January 27 and March 6 travel ban announcements, there were declines in airline bookings. Due to the bans, around 4.3 million lesser international travelers will visit the U.S. this year with a revenue loss of $7.4 billion. Another 6.3 million visitors and $10.8 billion will be lost in 2018 as per estimation.
International markets are getting a message that the U.S. is no longer a welcoming destination. This decline in international tourism is a reversal from recent years, when foreign visitors rose to 77 million in 2016, from 54 million in 2009. Businesses in the Silicon Valley are worried too and many renowned brands said that the travel ban would make it more difficult to attract talent, investment and business to the U.S.