ANALYSIS: TRUMP’S POLICIES WILL COST THE U.S. $7.4 BILLION IN LOST TOURISM REVENUE THIS YEAR

The result could be an estimated 4.3 million fewer people coming to the United States this year, resulting in $7.4 billion in lost revenue, according to Tourism Economics, a Philadelphia-based analytics firm.

Next year, the fallout is expected to be even larger, with 6.3 million fewer tourists and $10.8 billion in losses. Miami is expected to be hit hardest, followed by San Francisco and New York, the firm said.

The administration’s travel ban deals a blow to an industry that has only recently recovered from a $600 billion loss following the Sept. 11, 2001, attacks.

“In the aftermath of 9/11, at first people didn’t feel safe coming here, and then they didn’t feel welcome,” said Jonathan Grella, an executive vice president at the U.S. Travel Association. “Our industry still refers to that as ‘the lost decade.’ There is a very real risk that that could happen again.”

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