Reported 2 days ago
As summer approaches, warning signs are emerging in the US travel industry with reports from Expedia and Bank of America indicating a decline in travel demand and spending on flights and lodging. This slowdown follows a period of intense travel interest post-COVID-19. Major players like Airbnb and Hilton are also noting declines in international visitor interest, particularly from Canada, as economic uncertainties and tariffs impact consumer confidence. Overall, the US government reported a 3.3% decrease in overseas visitors this year, which may signify the beginning of a notable trend in the travel sector.
Source: YAHOO