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Foreign travel spending in US to decline 7% in 2025, report says

Foreign travel spending in the U.S. has declined by 7% in the first half of 2023 compared to the same period in 2022, according to the National Travel and Tourism Office. This drop is attributed to a strong U.S. dollar, which makes travel more expensive for international visitors, and a slow recovery in travel from key markets like China and Japan. Despite the decline, spending by Canadian and Mexican visitors has increased, though not enough to offset the overall decrease. The U.S. Travel Association noted that the decline in international visitor spending is a concern for the tourism industry, which is still recovering from the impacts of the global health crisis.

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[ https://www.yahoo.com/news/foreign-travel-spending-us-decline-084032477.html ]