ΔΙΕΘΝΗΣ ΕΛΛΗΝΙΚΗ ΗΛΕΚΤΡΟΝΙΚΗ ΕΦΗΜΕΡΙΔΑ ΠΟΙΚΙΛΗΣ ΥΛΗΣ - ΕΔΡΑ: ΑΘΗΝΑ

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Τετάρτη 1 Μαρτίου 2017

‘Trump slump’ impacts US tourism industry


Ever since the election of US President Donald Trump, the US tourism sector seems to have received a major blow with several travel companies reporting a substantial drop in flight searches and bookings, immediately after his travel ban.

The latest statistics released by Kayak, a travel search engine indicates a 58% decline in the flight searches to Orlando and Tampa from the UK and a 52% slump in searches for Miami. On the other hand, the searches for San Diego were also minimized by 43%, Las Vegas was down by 36% and Los Angeles down by almost 32%.

Although the flight prices were quite firm, Kayak has observed an immediate effect on the average hotel prices.

It has found that the prices in Las Vegas have decreased by 39% and New York City had dropped by 32%.

As per a survey conducted by the Global Business Travel Association (GBTA), the election of Donald Trump has paved the way for what is known as a ‘Trump slump’ that has cost the US travel sector about $185 in lost revenue.

Flight app, Hopper has published a research earlier this month that portrayed that the flight search from international origins to the US has recorded a 17% drop since the inauguration of Trump as compared to the last few weeks of the Obama administration. Its findings bear a sharp similarity to those discovered by Kayak that indicates that Las Vegas and San Francisco has been witnessing the largest declines in flight search interest.

Furthermore, Hopper has also found that there has been a sharp drop in the number of flight searches to the US ever since the travel ban imposed by Trump.

The Hopper study shows that there has been a 30% decrease in flight searches mainly from the Muslim nations irrespective of the fact if they were included in the travel ban. The flight searches dropped by 33% in Saudi Arabia and by 37% in Bahrain, and these countries are not included in the executive order imposed by Trump.

Russia was among the notable exceptions since the flight searches from this region to the US was up by 88%.

Forward Keys, the analyst has also come up with a new report that dwells on the fact that the bookings from the affected nations like Yemen, Sudan, Somalia, Libya, Iran, Syria and Iraq had fallen by 80% as compared to the same period last year.

Net bookings to the US are actually down by as much as 6.5% that does not however, include China, as described by Forward Keys.
Source:travelandtourworld.com