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Decline in tourism hits US economy
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Decline in tourism hits US economy

Overseas visitors to the US are on track to drop by almost two million year-on-year, with even the FIFA Men’s World Cup failing to arrest the decline in tourism. The slide is hurting the US economy, and as Axios put it, is partly “self-inflicted:” There has been a significant drop in visitors from US allies

Overseas visitors to the US are on track to drop by almost two million year-on-year, with even the FIFA Men’s World Cup failing to arrest the decline in tourism.

The slide is hurting the US economy, and as Axios put it, is partly “self-inflicted:” There has been a significant drop in visitors from US allies like Canada and several European countrieswhich have been a target of Washington’s trade war and taunts.

Meanwhile, China is attracting more visitors with its visa-free entry policies, and Japan’s weak currency is drawing in a record number of tourists.

“We’re the only major country in the world losing visitation,” the head of the US Travel Association said. “It’s mind-boggling.”

Source: www.semafor.com

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