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NEWS
'Trump Slump' could cost US tourism industry US$16bn
POSTED 27 Feb 2017 . BY Tom Anstey
President Donald Trump is trying to block people from seven Muslim countries from entering the US Credit: Shutterstock.com
US President Donald Trump’s highly-controversial travel ban has caused a 6.5 per cent drop globally in flight bookings to the US, a move which could cost the country billions in lost spending on tourism.

According to the the National Travel and Tourism Office, in 2016 visitors coming into the US spent US$247bn (€233bn, £199bn). If those numbers declined over the year at the same rate as the drop in bookings, that would amount to a loss of roughly US$16bn (€15bn, £13bn).

Forward Keys, a travel statistician firm, said that searches and booking for trips to the US had declined by 17 per cent since the President’s election. Additionally, those that were looking at US trips had insead changed course, with Russia and Canada top of the hot spots, along with The Caribbean, Mexico and Thailand.

Now dubbed the “Trump Slump”, Euromonitor first predicted the effect at the World Travel Market in November, saying that over the next five years, the US economy would reduce by just under 5 per cent, meaning that instead of a predicted growth of 1.5 to 2 per cent for 2017, the US economy would have marginal growth - around about 0.3 per cent this year.

In addition to affecting the US and its overseas travel markets in terms of visitor numbers, Euromonitor also predicted a weakened dollar, which has actually largely remained stable since Trump’s win, slightly rising from 99.13 to 100.91 on the on the US Dollar Index – a measure of the value of the dollar relative to a basket of six major foreign currencies.

Signed on 27 January, Trump's executive order attempted to block people from seven Muslim-majority nations from entering the US for 90 days. The order was later declared unlawful by a US court, though the President is still trying to push it through in a new format.
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Uniting the world of spa & wellness
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NEWS
'Trump Slump' could cost US tourism industry US$16bn
POSTED 27 Feb 2017 . BY Tom Anstey
President Donald Trump is trying to block people from seven Muslim countries from entering the US Credit: Shutterstock.com
US President Donald Trump’s highly-controversial travel ban has caused a 6.5 per cent drop globally in flight bookings to the US, a move which could cost the country billions in lost spending on tourism.

According to the the National Travel and Tourism Office, in 2016 visitors coming into the US spent US$247bn (€233bn, £199bn). If those numbers declined over the year at the same rate as the drop in bookings, that would amount to a loss of roughly US$16bn (€15bn, £13bn).

Forward Keys, a travel statistician firm, said that searches and booking for trips to the US had declined by 17 per cent since the President’s election. Additionally, those that were looking at US trips had insead changed course, with Russia and Canada top of the hot spots, along with The Caribbean, Mexico and Thailand.

Now dubbed the “Trump Slump”, Euromonitor first predicted the effect at the World Travel Market in November, saying that over the next five years, the US economy would reduce by just under 5 per cent, meaning that instead of a predicted growth of 1.5 to 2 per cent for 2017, the US economy would have marginal growth - around about 0.3 per cent this year.

In addition to affecting the US and its overseas travel markets in terms of visitor numbers, Euromonitor also predicted a weakened dollar, which has actually largely remained stable since Trump’s win, slightly rising from 99.13 to 100.91 on the on the US Dollar Index – a measure of the value of the dollar relative to a basket of six major foreign currencies.

Signed on 27 January, Trump's executive order attempted to block people from seven Muslim-majority nations from entering the US for 90 days. The order was later declared unlawful by a US court, though the President is still trying to push it through in a new format.
RELATED STORIES
Iger warns Trump over trade and immigration policies


Disney chief Bob Iger has warned US president Donald Trump on his trade and migration policies, particularly in terms of a Chinese trade war, potentially pitting the entertainment giant against the will of the Oval Office.
National endowments for arts and humanities face axe as Trump prepares first formal budget


The American Alliance of Museums (AAM) has raised extreme concerns over reports that President Donald Trump’s formal budget plan for fiscal year 2018 will eliminate both the National Endowment for the Humanities (NEH) and National Endowment for the Arts (NEA), a move which could be potentially devastating to the sector.
US institutions offer Trump inauguration respite with series of special events on 20 January


A number of the US’s top museums and galleries are offering special events and some alternatives to the inauguration of President-elect Donald Trump on 20 January, with many institutions offering free or pay what you wish entry for the landmark day in American history.
Bob Iger named as part of Donald Trump's policy forum


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Longevitix launches AI-powered platform to deliver longevity medicine at scale
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Atmantan Wellness Centre announces new wellness destination in Hyderabad
Atmantan Wellness Centre, an integrative wellness destination in Mulshi, near Pune in India, is expanding its portfolio by adding a new centre in Hyderabad that will launch between 2028 and 2029.
The Retreat Costa Rica debuts Vida Mía Longevity Centre
Luxury wellness resort, The Retreat Costa Rica, has introduced its Vida Mía Longevity Centre at the property’s Vida Mía Healing Centre and Spa.
Almost half of spa survey respondents are unaware cancer is a disability and not adapting treatments is discrimination
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A wholly owned UK and Ireland subsidiary of JK Group in Germany with an established heritage of 30+ [more...]
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+ More catalogues  

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DIARY

 

09-11 Jun 2026

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Savutuvan Apaja, Haapaniemi, Finland
09-12 Jun 2026

W3Spa EMEA

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ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2026

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