American Hotels in Trouble as Tourists Sour on Visiting US 🇺🇸
\"If we do not turn things around to support the livelihood of millions of workers, and protect the trillions of dollars invested in millions of hospitality businesses, we run the risk of forcing many small and medium business owners to shut down.\" said Dev.
The causes are multifactorial and include the Trump Administration’s Border Control detaining international tourists without legal justification. The economic blow for hotels is expected to be severe. Analysts Tourism Economics projects a loss of $8.3 billion for the industry in 2025, WTTC places it at $12.5 billion and Forbes warns the shortfall could be up to $29 billion this year.
https://www.newsweek.com/american-hotels-trouble-us-tourism-declining-2126882
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