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NEWS
'Trump Slump' could cost US tourism industry US$16bn
POSTED 27 Feb 2017 . BY Tom Anstey
President Donald Trump is trying to block people from seven Muslim countries from entering the US Credit: Shutterstock.com
US President Donald Trump’s highly-controversial travel ban has caused a 6.5 per cent drop globally in flight bookings to the US, a move which could cost the country billions in lost spending on tourism.

According to the the National Travel and Tourism Office, in 2016 visitors coming into the US spent US$247bn (€233bn, £199bn). If those numbers declined over the year at the same rate as the drop in bookings, that would amount to a loss of roughly US$16bn (€15bn, £13bn).

Forward Keys, a travel statistician firm, said that searches and booking for trips to the US had declined by 17 per cent since the President’s election. Additionally, those that were looking at US trips had insead changed course, with Russia and Canada top of the hot spots, along with The Caribbean, Mexico and Thailand.

Now dubbed the “Trump Slump”, Euromonitor first predicted the effect at the World Travel Market in November, saying that over the next five years, the US economy would reduce by just under 5 per cent, meaning that instead of a predicted growth of 1.5 to 2 per cent for 2017, the US economy would have marginal growth - around about 0.3 per cent this year.

In addition to affecting the US and its overseas travel markets in terms of visitor numbers, Euromonitor also predicted a weakened dollar, which has actually largely remained stable since Trump’s win, slightly rising from 99.13 to 100.91 on the on the US Dollar Index – a measure of the value of the dollar relative to a basket of six major foreign currencies.

Signed on 27 January, Trump's executive order attempted to block people from seven Muslim-majority nations from entering the US for 90 days. The order was later declared unlawful by a US court, though the President is still trying to push it through in a new format.
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NEWS
'Trump Slump' could cost US tourism industry US$16bn
POSTED 27 Feb 2017 . BY Tom Anstey
President Donald Trump is trying to block people from seven Muslim countries from entering the US Credit: Shutterstock.com
US President Donald Trump’s highly-controversial travel ban has caused a 6.5 per cent drop globally in flight bookings to the US, a move which could cost the country billions in lost spending on tourism.

According to the the National Travel and Tourism Office, in 2016 visitors coming into the US spent US$247bn (€233bn, £199bn). If those numbers declined over the year at the same rate as the drop in bookings, that would amount to a loss of roughly US$16bn (€15bn, £13bn).

Forward Keys, a travel statistician firm, said that searches and booking for trips to the US had declined by 17 per cent since the President’s election. Additionally, those that were looking at US trips had insead changed course, with Russia and Canada top of the hot spots, along with The Caribbean, Mexico and Thailand.

Now dubbed the “Trump Slump”, Euromonitor first predicted the effect at the World Travel Market in November, saying that over the next five years, the US economy would reduce by just under 5 per cent, meaning that instead of a predicted growth of 1.5 to 2 per cent for 2017, the US economy would have marginal growth - around about 0.3 per cent this year.

In addition to affecting the US and its overseas travel markets in terms of visitor numbers, Euromonitor also predicted a weakened dollar, which has actually largely remained stable since Trump’s win, slightly rising from 99.13 to 100.91 on the on the US Dollar Index – a measure of the value of the dollar relative to a basket of six major foreign currencies.

Signed on 27 January, Trump's executive order attempted to block people from seven Muslim-majority nations from entering the US for 90 days. The order was later declared unlawful by a US court, though the President is still trying to push it through in a new format.
RELATED STORIES
Iger warns Trump over trade and immigration policies


Disney chief Bob Iger has warned US president Donald Trump on his trade and migration policies, particularly in terms of a Chinese trade war, potentially pitting the entertainment giant against the will of the Oval Office.
National endowments for arts and humanities face axe as Trump prepares first formal budget


The American Alliance of Museums (AAM) has raised extreme concerns over reports that President Donald Trump’s formal budget plan for fiscal year 2018 will eliminate both the National Endowment for the Humanities (NEH) and National Endowment for the Arts (NEA), a move which could be potentially devastating to the sector.
US institutions offer Trump inauguration respite with series of special events on 20 January


A number of the US’s top museums and galleries are offering special events and some alternatives to the inauguration of President-elect Donald Trump on 20 January, with many institutions offering free or pay what you wish entry for the landmark day in American history.
Bob Iger named as part of Donald Trump's policy forum


Disney CEO Bob Iger will be part of President-elect Donald Trump’s strategic and policy forum, with the first meeting to take place in February.
MORE NEWS
Mubadala makes €1 billion bid for Pierre and Vacances
Abu Dhabi-based investment firm Mubadala Capital has made a binding, fully financed €1 billion offer to acquire Pierre and Vacances SA, the European holiday resort operator behind the continental European Center Parcs business.
Expo 2030 Riyadh will create a permanent global destination
Expo 2030 Riyadh is being planned as a permanent visitor destination, with organisers confirming the six-million-square-metre site will become a Global Village after the event closes.
Australian waterpark acquisition creates new leisure attractions group
The owner of one of Australia's best-known waterparks has acquired a major competitor, creating a new attractions business spanning two of the country's largest visitor destinations.
London Museum reveals 2026 opening date for new Smithfield home
The London Museum’s new site will open in Smithfield, East London, on 28 November 2026.
Toverland unveils €98m expansion plan as park prepares to launch resort development
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COMPANY PROFILES
iPlayCO

iPlayCo was established in 1999. [more...]
Vekoma Rides Manufacturing B.V.

Vekoma Rides has a large variety of coasters and attractions. [more...]
TechnoAlpin Indoor

TechnoAlpin is the world leader for snowmaking systems. With the Indoor snow division, TechnoAlpin c [more...]
Holovis

Holovis is a privately owned company established in 2004 by CEO Stuart Hetherington. [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
29 Sep - 02 Oct 2026

Synergy - The Retreat Show

Pical Resort, Valamar Collection, Porec, Croatia
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2026

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