The US is losing tourists, Americans run abroad. The industry has a problem


The number of foreign tourists visiting the United States by air fell in March by almost 10 percent. Compared to the same month a year earlier and almost 13 percent Compared to the period before Pandemia, up to 4.54 million people, in accordance with the data from the International Trade Administration, part of the trade department, which is described by CNBC.
In turn, the number of US citizens flying abroad increased by 1.6 percent. Compared to March last year and 22 percent Compared to 2019, up to 6.56 million travelers.
This imbalance can even deepen the gap of over $ 50 billion. Among what the United States generate thanks to tourist and travel services, and what Americans spend abroad. This is a reason to worry for the tourism industry in the United States, which brings about $ 1 trillion. annually.
Trade wars and Trump's rhetoric do not help
Trade wars, loud arrests of tourists, visa and residents owners, as well as the rhetoric of President Donald Trump about taking over countries such as Canada and a strong American dollar for most of this year did not help to increase the demand of travelers from abroad.
JPMorgan warned that a decrease in foreigners' expenditure on travel to the USA may reduce gross domestic product by about 0.1 percent. this year.
USA perceived as “less hospitable”
Samuel Engel, a senior vice president of the ICF consulting company, said that although there is no doubt that foreigners perceive the United States as a less hospitable country “, the question also arises whether the reluctance to travel to the United States from abroad is now not translated into international business travels. “Business people do not sign contracts in the face of uncertainty,” he said, quoted by CNBC.
United Airlines last week announced that reservations from international passengers from Europe fell by 6 %, while reservations from Canada fell by 9 percent. in terms of year to year. Delta Air Lines said he was watching a similar phenomenon.
However, the appetite of American consumers for traveling abroad helps the aerial lines relieve the effects of fewer foreign tourists and weaker than expected of domestic travels in the United States.
Source: CNBC




