The United States is less than two months into President Trump‘s time in office and their economy has already been hit with a huge financial loss.
In what’s now being called the “Trump Slump,” the U.S. tourism industry has lost $185 million USD in revenue since Trump entered office.
Kayak, a major travel site, recently reported that flight searches from the U.K. to the four major U.S. tourist destinations — Tampa, Fort Lauderdale and Miami — are down between 52 to 58 per cent from this time last year. The West Coast is also taking a hit, with a 36 per cent drop in flight searches to Las Vegas, 43 per cent drop to San Diego and 32 per cent drop to Los Angeles.
Kayak found a similar reaction from Canadian travellers, with searches to Fort Lauderdale down 14 per cent and Panama City, Florida dropping 18 per cent from 2016.
The decrease in flight searches became even more dramatic following Trump’s Muslim travel ban, with flight search app Hopper noting a 30 per cent decrease in flight searches to the U.S. by Muslim countries, regardless of whether or not they were included in the ban. As for countries that have been affected by the ban, including Iraq, Libya and Yemen, searches dropped 80 per cent.
But considering the travel ban and all the deportations going on right now, are we really all that surprised that the tourism industry’s suffering?
For those still interested in travelling to the U.S., many hotels are attempting to combat the tourist slump by slashing prices. Kayak notes that hotels in Las Vegas have cut prices by 39 per cent, with New York City following suit at 32 per cent. If you’re looking for an inexpensive trip, now’s the time to nab those deals.