US Faces $90 Billion Tourism Loss as International Visitors Decline

Steep drops in foreign arrivals, driven by trade policies and political tensions, are reshaping the US tourism sector and economic outlook.

International arrivals to the US fell by nearly 10% in March 2025 compared to the previous year, with Canadian bookings down 70% through September.
Goldman Sachs projects a potential $90 billion economic loss in 2025 from reduced tourism and consumer boycotts tied to tariffs and geopolitical tensions.
Revised forecasts predict a 9.4% decline in international arrivals for 2025, reversing earlier expectations of post-pandemic growth.
Key tourism-dependent regions, such as the Northeast and Las Vegas, are already experiencing declines in hotel rates and tax revenues.
Local efforts, like those by Travel Oregon, continue to target international markets, though broader negative perceptions of the US persist globally.