Photo: NICHOLAS KAMM/AFP/Getty Images
A 4% decrease in international travelers to the U.S. has resulted in a 3.3% drop in travel spending since President Trump took office, reported NBC News.
Be smart: Travel to the U.S. actually started to decrease in 2016, before Trump’s presidency. The gradual decline could be travel rates adjusting after the unprecedented rate of travel earlier this decade.
- $4.6 billion in lost spending
- 40,000 jobs lost
- The U.S. is no longer second-most popular traveling destination. (France is first, followed by Spain)
Experts link the decline to the Trump administration’s hard rhetoric on immigration, proposed travel bans and a weak U.S. dollar.
Two possible solutions: