Overview

• Bookings to the US from Canada, Mexico and Japan have fallen by more than 10% since February’s tariffs took effect
• Demand from Germany has declined by a single-digit percentage as European travellers pull back
• US travellers are cutting holiday budgets and favouring lower-star hotels
• UK domestic trips for July through September have surged 25% year-on-year
• The World Travel & Tourism Council forecasts US visitor spending will drop by over $12 billion in 2025