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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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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.
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The annual wellness festival dedicated to wellbeing, culture, longevity and human connection, called Alma, will be hosted by Rocco Forte hotel, Verdura Resort in Sicily, Italy.
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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


Disney CEO Bob Iger will be part of President-elect Donald Trump’s strategic and policy forum, with the first meeting to take place in February.
MORE NEWS
Luxury resort coming to Hunter Valley will have longevity spa
Private hotel owner and developer HVL Hotels will open a new luxury resort and tourism destination called Laval Hunter Valley in the second half of 2027 in Pokolbin, Australia.
Rocco Forte’s Verdura Resort to host wellness festival Alma near emerging Blue Zone in Sicily
The annual wellness festival dedicated to wellbeing, culture, longevity and human connection, called Alma, will be hosted by Rocco Forte hotel, Verdura Resort in Sicily, Italy.
Feisal Jaffer becomes chief development officer for Capella Hotel Group
Capella Hotel Group has appointed Feisal Jaffer as chief development officer as the company ramps up its global expansion of both its Capella and Patina brands.
Industry mourns the loss of Les Mills, a founding father of fitness
Les Mills, whose name became synonymous with one of the world's leading fitness brands, has passed away peacefully at the age of 91.
HCM News: Taking GLP-1s is linked to a decline in physical activity
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Mubadala makes €1 billion bid for Pierre and Vacances
Abu Dhabi-based investment firm Mubadala Capital has made a binding, fully financed €1 billion offer to acquire Pierre and Vacances SA, the European holiday resort operator behind the continental European Center Parcs business.
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Glow beyond protection: meet Comfort Zone Hydramemory Hybrid Glow SPF 30
Sun protection is no longer just about shielding the skin – it's about enhancing it. [more...]

Meet Desert Therapy: Aromatherapy Associates' first new blend in seven years
There is a particular quality of stillness found only in the desert. [more...]
+ More featured suppliers  
COMPANY PROFILES
We Work Well Inc

In 2019 Monica Helmstetter and Lucy Hugo founded the American hosted buyer event company We Work Wel [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

03-05 Jul 2026

World Championship in Massage

Copenhagen, Copenhagen, Denmark
23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2026

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
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