U.S. Could Lose $12.5 Billion in International Visitor Spending This Year
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Skift Take
WTTC research shows sharp drops in U.S. international visitors, with arrivals from Germany plunging 28% in concerning tourism trend.
The DJIA rose 272 points, but the Nasdaq was down 34, the S&P 500 was up 24 points, and the 10-year treasury yield was down .07 to 4.46%. Lodging stocks were mixed.
The World Travel & Tourism Council announced its latest Economic Impact Research, which found that the U.S. is on track to lose a staggering $12.5 billion in international visitor spending this year. According to the study, the U.S. is the only country among 184 economies analyzed by the WTTC and Oxford Economics, forecast to see international visitor spending decline in 2025. According to the U.S. Department of Commerce, new international arrivals data for March 2025 reveal a sharp and widespread drop in inbound travel from many of the country’s key source markets: UK arrivals are down nearly 15% year over year. Germany plunged more than 28%. South Korea - down almost 15%. Other key markets, such as Spain, Colombia, Ireland, Ecuador, and the Dominican Republic, saw double-dig
