Our new administration has pledged that everything it does will be to make America number one. For some reason that doesn’t seem to be working in the category of tourist destinations. Only a month after the inauguration, foreign tourism in the United States is down 6.8%. And it’s probably going to get worse. Internet searches for flights to the U.S from locations outside our country are down 17%. This translates to many billions of dollars that will not be spent here. New York City alone takes in $60 billion annually from tourists.
Business travel in the U.S. declined $185 million in the first week after the Executive Order was issued banning travel from seven countries.
If you make your living from hotels, restaurants, transportation, retail stores, tour operations et cetera… good luck.