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Tuesday, 17 October 2017

The "Trump Slump" continues.

Courtesy of Forbes:  

After the announcement of the first two travel bans in January and March, the number of international travelers arriving in the U.S. has dramatically dropped, according to ForwardKeys, a European travel-prediction firm. 

Looking at the number of U.S. inbound arrivals – or the number of international tourists arriving at airports around the country – the firm found that the number of visitors dropped 1.3% following the announcement of the first travel ban on January 27. On June 26, when the second ban was partially re-instated, inbound visitors dropped again by 2.4%. 

Experts expected to see falling arrivals following the first executive announcement in January, when European interest in visiting the U.S. fell 12% but to see the number of arrivals impacted so quickly is startling.

“The confusing and convoluted travel bans have done nothing but worsen the country's reputation around the world,” said Lee Abbamonte, an American travel expert who has been to every country in the world, in an email. Although he believes there should be a vetting process, he says that as it stands now, it is too stringent, and confusing for many international citizens. 

A small percentage drop in arrivals is no small potatoes when translated into a dollar amount. In 2016, the U.S. travel and tourism industry generated over $1.5 trillion in economic output, supporting 7.6 million jobs, according to SelectUSA, an international trade analyst firm. That represents 2.7% of overall GDP.

Estimates are that this slump is costing the American economy billions of dollars.

I reported on this slump back in April, but apparently it has become much worse.

I guess that Trump has made America so great again that nobody wants to visit it anymore.

Good job.

P.S. Oh and by the way, travel to other countries is actually up.

Source http://ift.tt/2yvzmYI

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