Adapting to Uncertainty: How Hoteliers Can Offset Impact of Tariffs on International Travel
🛫 Travel experts predict an 8.2% decline in international travel to the U.S. in 2025, reversing an expected 9% increase. Visitor spending is projected to drop by 4.2%, or $8.3 million. Canadian air travel to the U.S. fell 35.6%-43%, while travel to Mexico rose 11.8%-13.5%. Key factors include tighter travel budgets, a strong dollar, and negative global sentiments towards the U.S. Vermont businesses consider “Canada Days” to boost tourism. Staffing challenges persist amid fluctuating demand.
Share
