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U.S. Travel Urges Congress to Avert $11B Spending Drop
financeasianhospitality.com··1 min·For: Owner, GM, Revenue, Investor

U.S. Travel Urges Congress to Avert $11B Spending Drop

The U.S. Travel Association is pressing Congress to enact policies supporting international inbound travel as the industry faces a projected $11 billion drop in visitor spending. International arrivals are not expected to recover to 2019 levels until 2030 without federal intervention in visa processing and air travel infrastructure.

Key Takeaways

  1. 1U.S. international visitor spending is forecast to drop 6.3%, contributing to an overall $11 billion shortfall.
  2. 2USTA is lobbying Congress for full Brand USA funding, faster visa processing, and guaranteed pay for TSA and air traffic controllers.
  3. 3Inbound long-haul market share has slid from 10.3% in 2019 to 7.7%, delaying full recovery until 2030.

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Source: asianhospitality.com

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