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President Donald Trump’s move to impose tariffs on China and restrict travel from certain countries are helping fuel a sharp decline in international tourism and business visits to the U.S., the head of the travel industry’s umbrella group said.

Roger Dow, president of the U.S. Travel Association, said Trump’s policies and rhetoric are steepening a drop in the $2.1 trillion industry that began in 2015 when a stronger dollar made international visits more expensive, economic growth in several countries was slumping and the rise of discount airlines in Europe made travel to other destinations more affordable.

Original article found here.

Roger Dow, president and chief executive officer of the U.S. Travel Association, discusses the impact of President Donald Trump’s move to impose tariffs on China and restrict travel from certain countries on tourism to the U.S. He speaks with Bloomberg’s Kevin Cirilli on “Bloomberg Markets: Balance of Power.”

Original video found here.

Roger Dow, CEO of the U.S. Travel Association, discusses the tourism economy in the U.S and why it is essential to increase foreign travel to the United States in order to help President Trump reach his GDP goals. He speaks with Bloomberg’s Amy Morris on Bloomberg Radio’s “Politics, Policy, Power and Law.”

Original audio found here.

Asian American Hotel Owners Association President and CEO Chip Rogers recently spoke with Bloomberg’s Steve Potisk about the decline in the U.S. share of overseas travel over the past two years and the travel industry’s plans to reverse the trend through the Visit U.S. Coalition.

© 2018 Bloomberg L.P. All rights reserved. Used with permission.

A new travel industry coalition is urging the Trump administration to help stem a drop in international visitors.

As more international travelers decide to skip the United States, 10 business associations, including the U.S. Chamber of Commerce and the National Restaurant Association, have created a travel industry group aimed at reversing the growing unpopularity of the U.S. as a vacation destination.

Historically, the U.S. had only to sit back and let foreign tourists and their money roll in. Over the past few years, though, that gravy train has begun to dry up, a trend that accelerated as President Donald Trump began to make good on campaign promises to restrict immigration. As a result, businesses that make up the multibillion-dollar industry relying on that revenue have grown increasingly nervous.

Original article found here.