Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Macro

US Faces $12.5 Billion Tourism Revenue Loss in 2025 Amid International Travel Slump

by Team Lumida
May 13, 2025
in Macro
Reading Time: 4 mins read
A A
0
man sitting on gang chair with feet on luggage looking at airplane

Photo by JESHOOTS.COM on Unsplash

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

Key Takeaways:

Powered by lumidawealth.com

  • The US is projected to lose $12.5 billion in travel revenue in 2025, with international visitor spending expected to fall below $169 billion, a 7% year-over-year decline.
  • The US is the only country among 184 global economies forecasted to experience a tourism revenue drop this year, attributed to lingering COVID-era policies, a strong dollar, and shifting sentiment.
  • Major tourism hubs like New York City and regions along the Canadian border are disproportionately affected, with NYC alone expecting $4 billion less in tourism spending.
  • Proposed increases in travel costs, such as raising the ESTA fee, could further deter international visitors, delaying recovery until at least 2030.

What Happened?

The US travel and tourism sector, which contributes $2.6 trillion to the economy and employs 20 million people, is facing a significant downturn in 2025. According to the World Travel & Tourism Council (WTTC), international visitor spending is expected to decline by 7% year-over-year, marking a 22% drop from its 2019 peak.

Key factors include the lingering effects of COVID-era travel restrictions, a strong US dollar that has made the country expensive for international visitors, and a shift in sentiment driven by “America First” rhetoric and policies. In March 2025, arrivals from key markets like the UK, Germany, and South Korea were down by 15%-28%, with similar declines from Spain, Ireland, and the Dominican Republic.


Why It Matters?

Tourism is a cornerstone of the US economy, representing 9% of GDP and generating $585 billion in tax revenue annually. The decline in international visitors, who tend to stay longer and spend more than domestic tourists, is hitting major gateways like New York City particularly hard. NYC alone expects 800,000 fewer international visitors in 2025, resulting in a $4 billion revenue shortfall.

The slump also extends to regions like New York’s “north country,” where Canadian bookings have significantly decreased due to tariffs and political rhetoric. Meanwhile, other countries are capitalizing on the US’s challenges by introducing perks like digitized visas, making them more attractive to international travelers.


What’s Next?

The WTTC forecasts that US tourism may not recover to pre-COVID levels until 2030, assuming no further setbacks. Proposed legislation to increase the ESTA fee from $21 to $40 could further deter international visitors, exacerbating the decline.

To reverse the trend, the US must address barriers to entry, such as high travel costs and restrictive policies, while competing with other nations offering streamlined travel experiences. Policymakers and industry leaders should focus on improving infrastructure, reducing travel costs, and promoting the US as a welcoming destination to regain its competitive edge in the global tourism market.

Source
Previous Post

China Invests in South American Megaports to Secure Agricultural Imports Amid US Trade Tensions

Next Post

US Reduces ‘De Minimis’ Tariff on China Shipments to 54% Amid Trade Truce

Recommended For You

US Gaza Plan Is Working, But Will Take Sustained Pressure

by Team Lumida
12 hours ago
US Gaza Plan Is Working, But Will Take Sustained Pressure

Key Takeaways Powered by lumidawealth.com The Trump administration’s plan has created diplomatic momentum and a realistic path for an initial hostage‑for‑prisoner swap, but broader settlement mechanics remain unresolved. Core...

Read more

China Secretly Funds Iranian Oil via Infrastructure

by Team Lumida
13 hours ago
China’s Financial Overhaul: Xi’s Strategy to Rebalance $9.1 Trillion Debt Crisis

Key Takeaways Powered by lumidawealth.com Beijing is using a covert barter‑style conduit to pay Iran for crude: oil shipments to China are effectively financed by Chinese state‑backed contractors building...

Read more

Trump Pushes for Israel–Hamas Deal Ahead of Monday Talks

by Team Lumida
13 hours ago
Trump Fires BLS Chief After Weak Jobs Report, Eyes More Fed Influence

Key Takeaways Powered by lumidawealth.com The U.S. is pressing Israel and Hamas toward mediated talks in Sharm El‑Sheikh focused initially on a hostage‑for‑prisoner swap and a ceasefire framework. Core...

Read more

China Pushes Trump to Ease Security Curbs in Exchange for Investment

by Team Lumida
2 days ago
China’s Bold Economic Moves: What You Need to Know Now

Key Takeaways Powered by lumidawealth.com Beijing has floated a proposal to the U.S. asking Washington to roll back national‑security barriers to Chinese investment in the U.S. in return for...

Read more

Lawsuit Challenges Trump’s $100,000 H‑1B Fee

by Team Lumida
2 days ago
Trump Delays Reciprocal Tariffs to August 1, Citing Progress in Trade Negotiations

Key Takeaways Powered by lumidawealth.com A coalition led by healthcare‑staffing firm Global Nurse Force and several labor unions filed suit in the Northern District of California to block the...

Read more

Trump Threatens Far‑Reaching Cuts at Federal Agencies

by Team Lumida
4 days ago
Tech Titans Pivot: Silicon Valley’s New Alliance in Trump’s Second Term

Key Takeaways Powered by lumidawealth.com The White House, led by OMB Director Russell Vought, is pursuing plans to use the government shutdown to impose large cuts and potentially dismiss...

Read more

World Food Prices Dip in September as Sugar and Dairy Ease

by Team Lumida
4 days ago
person standing between shelvings

Key Takeaways Powered by lumidawealth.com FAO food price index fell to 128.8 in September from an August revised 129.7, though still 3.4% above year‑ago levels and ~19.6% below the...

Read more

Trump Plans to Use Shutdown to Fire Federal Workers

by Team Lumida
5 days ago
Trump Fires BLS Chief After Weak Jobs Report, Eyes More Fed Influence

Key Takeaways Powered by lumidawealth.com White House OMB Director Russell Vought signaled imminent mass firings of federal workers as the administration leans into the government shutdown to shrink the...

Read more

Trump Announces New Tariffs on Pharmaceuticals, Trucks and Home Goods

by Team Lumida
2 weeks ago
Trump Tariffs Leave Key Questions on China Supply Chain Rules Unanswered

Key Takeaways Powered by lumidawealth.com President Trump announced a series of tariffs effective Oct. 1, most notably a 100% tariff on branded/patented pharmaceutical products from companies that are not...

Read more

China Urges Firms Not to Export Domestic Price‑Cutting Playbook

by Team Lumida
2 weeks ago
China’s Bold Economic Moves: What You Need to Know Now

Key Takeaways Powered by lumidawealth.com China’s commerce minister Wang Wentao told Chinese companies operating in the U.S. not to export aggressive domestic price‑cutting tactics, signaling Beijing wants to avoid...

Read more
Next Post
China’s Central Bank Embraces Hedge Fund Tactics to Tame $4 Trillion Bond Market

US Reduces 'De Minimis' Tariff on China Shipments to 54% Amid Trade Truce

Bitcoin Plunges to $64K Amid U.S. Tech Stock Turmoil

Bitcoin Surpasses $2 Trillion Market Cap, Attracting New Buyers Amid Cautious Sentiment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

AI Security Breach: How Hackers Stole OpenAI’s Internal Secrets

Altman and Nadella: The Strained Partnership That Shaped the Modern AI Boom

April 29, 2025
blue coupe parked beside white wall

Tesla Launches Robotaxi Service in Austin, Paving the Way for Autonomous Ride-Hailing Expansion

June 23, 2025
Bitcoin Plunges to $64K Amid U.S. Tech Stock Turmoil

XRP Price Climbs as Ripple Secures SEC Victory, Paving the Way for Crypto Growth

March 21, 2025

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips AI demand Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC Semiconductor stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018