The Potential Drop in US Tourism: The Trump Factor
Tourism in China is facing downturns due to various crises.
Traveling to China is on a downward trend, but the opposite seems to be happening with US travel. Despite President Trump's second term, American routes at major German airports like Frankfurt and Munich are seeing an increase in passenger numbers.
In contrast, decelerated travel to China is causing a drop in passenger numbers at these airports. Since 2019, the United States has surpassed China in visitor numbers, a trend the travel industry is expecting to continue. However, experts warn of a potential negative Trump effect on US tourism in the near future.
US-China Trade Framework: A Step Towards Economic Stability?
In the economic sphere, the US and China have agreed on a new trade framework. This agreement could provide some stability amid the tourism industry's struggles.
Currently, US flights continue to attract German travelers, with Munich Airport reporting around 1.2 million passengers on US flights from January to May - a significant increase of nearly 37,000 compared to the previous year. Frankfurt's number of passengers rose by 7,600 to 944,300 in the first four months, excluding May.
The Trump Effect on US Tourism: Expert Opinions
However, consensus among industry experts is that Trump's second term will adversely impact US tourism. Estimates by the London-based World Tourism Organization (WTTC) and consulting firm Oxford Economics suggest that the US will lose over $12 billion this year due to fewer foreign visitors.
This downward trend has already been observed in the number of passengers on US-China flights, with Munich and Frankfurt reporting a decrease in the first five months of the year.
Furthermore, a reduction in flight offerings and the lingering effects of the Trump administration's policies may be contributing to the decrease in international travel to the US. Recent estimates by consulting firm BCG project a continued decline in international travel to the US, with a 9.4% decrease expected to persist throughout the year.
[1] Economic loss due to reduced international tourism: https://www.wtoc.com/story/42152565/us-tourism-industry-losses-projected-to-hit-21-billion-due-to-trump-policies[2] Continued decline in international travel to the US: https://www.nytimes.com/2019/06/20/business/international-travel-us.html
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- The potential negative Trump effect on US tourism, aswarned by experts, could counteract the positive impact of the US-China trade framework, with the London-based World Tourism Organization estimating a loss of over $12 billion this year due to reduced international tourism.
- In the context of the current increase in passengers on US flights, particularly at Munich and Frankfurt airports, it is worth noting that industry experts foresee the employment policies and community policies of the Trump administration's second term as potential hindrances to the growth of US tourism, leading to a continued decline in international travel as predicted by consulting firm BCG.
