The world of global uncertainty and fear—when it comes to travel—can have a staggering economic impact.
Like lost jobs, lost tax base, and lost revenue, the economy feels the sting.
Interest in travel to the U.S. from overseas has plummeted in the last three months.
It’s due in no small part to fear that was created in the wake of President Trump’s so-called immigration ban.
For example, searches for flights from the United Kingdom to Tampa and Orlando dropped a staggering 58 percent.
Flights to Las Vegas are down by 36 percent.
There’s an historic precedent for these frightening numbers.
After 9/11, it took 34 months for New York City hotel occupancy to return to pre-9/11 levels.
In 2004, there was a train bombing in Madrid. It took Spanish hotels more than a year to recover.
After the 2002 bombings in Bali, hotels had to drop prices an average of 37 percent in order to raise occupancy.
When there were additional attacks in 2005, Bali hotels started a campaign with the slogan “Our loss is your gain.”
For more information about travel safety, check out:
- Safety & Security Concerns Over the Electronics Ban
- Which Countries are Considered Safe Destinations Right Now
- Is It Legal for Customs Officials to Inspect Your Electronics?
Keep reading for more travel tips.