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struggle4progress

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3. US Travel Warnings Could Cost Tourism Industry $120 Billion
Sat Mar 29, 2025, 08:15 PM
Mar 2025

Published Mar 27, 2025 at 2:22 PM EDT
By Hugh Cameron
U.S. News Reporter

Jukka Laitamaki, professor of international hospitality and tourism at New York University, told Newsweek that should these spread to other countries, the economic impact could be "anywhere between 60 to 120 billion USD in 2025."

According to The World Travel and Tourism Council, the American tourism sector contributed $2.36 trillion to the country's GDP in 2023 while accounting for a roughly 11 percent share of the total U.S. job market.

In addition to travel advisories triggered by reported difficulties being faced at the border, the critical sector is also facing the potential decline in visitors due to tariff-related hostility toward the U.S. This is particularly true of Canadians, who have been engaged in an boycott of U.S. goods and holiday destinations as a result of the the ongoing trade war and President Trump's pledge to make the country a "51st state" ...

https://www.newsweek.com/us-travel-warnings-could-cost-tourism-120b-2051535

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