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Overseas Chinese News According to a research report recently released by Oxford Economics,Due to negative perceptions related to trade and immigration policies, more and more overseas tourists choose to avoid the United States, and spending on international tourists to the United States is expected to drop by $8.5 billion this year.
According to NBC News, the study noted that this spending fell by about 5% compared to last year, mainly due to a decrease in tourist flow. Aran Ryan, head of the tourism economy department, wrote in a research brief released last week that the number of international tourists to the United States is expected to fall by about 9% this year.
This trend may have a serious impact for businesses and regions that rely on foreign tourists’ consumption.
In addition, there are institutions that estimates that the actual economic losses may be much higher than US$8.5 billion.
The World Travel & Tourism Council said this month that the U.S. economy is expected to lose up to $12.5 billion in consumer spending in 2025 due to the reduction of international tourists, which will be a “huge blow” to the overall U.S. economy and “affect communities, jobs and businesses across the country.”
Ryan pointed out that the Trump administration’s “policy posture” in border security and imposing tariffs on traditional trading partners has created “emotional headwinds” among potential tourists.
Data shows that as of April, air ticket bookings to the United States fell 11% year-on-year from May to July this year, indicating that the prospects for travel to the United States are “soft” and tourists are turning to other destinations. Especially in Europe and Canada, the year-on-year decline in flight bookings to the United States exceeded 10% and 33% respectively.
“Tourists make choices – they decide when, where to travel, when to book tickets, how long they stay. And their impression of the United States is crucial.”
The US Travel Association expects that if the current trend continues, US travel-related revenue will lose $21 billion in 2025. The association also pointed out that every 1% reduction in international tourists spending means that the United States will lose $1.8 billion in economic revenue each year.
Experts pointed out thatThe strong US dollar exchange rate is also a factor in the decrease in international tourists.
Although the dollar has weakened compared with other major currencies in recent weeks, it has remained strong overall. This means that for many foreign tourists, consumption costs in the United States are rising because they need to spend more local currency to buy U.S. products and services.
Experts also pointed out thatThe uncertain prospects for global economic growth have also made tourists worry.Some of these concerns stem from the intensification of trade barriers and uncertainty in trade policy.
Since taking office, President Trump has imposed or announced tariffs on multiple countries and products. Recently, he announced on Friday that he had imposed a 50% tariff on EU goods, and subsequently postponed the implementation until July 9.
In addition, some travel experts say that concerns about US immigration policies are increasing and may become the most influential factor in recent times.
“Whether that perception is fair or not, an impression is forming: more people are being detained, more electronic devices are being checked, and legal tourists are being deported to their country of origin,” Geoff Freeman, president and CEO of the American Tourism Association, said in an interview with CNBC earlier this month. “This situation can cause great fear.”
The Oxford Economic Research Institute originally predicted that international tourists to the United States will increase by about 9% in 2025 and their spending will increase by 16%.
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