The numbers are in.
If you’re the owner or operator of an airline, hotel, restaurant, or other travel service provider in the U.S., those figures are not pleasant.
A new report from Foursquare shows that the U.S. share of international tourism dropped 16 percent this year.
It declined an average of 11 percent, year over year, since last October.
Foursquare reports that there’s no immediate change in the decline trend.
In the wake of the Manchester bombing and the attacks on the London Bridge, the number of Americans traveling overseas is also projected to be down.
What does this mean to you?
If people don’t visit the U.S., they don’t stay at hotels, eat at restaurants, or shop. That’s a significant hit on retail.
According to Foursquare, California has been the most impacted state.
Translation: Look for sales at chain stores and malls in the U.S.
Overseas, look for substantial hotel discounts in locations like Paris, London, and Brussels.
Airfares are already dropping, even though it’s the summer season.
This unusual high season buyer’s market is expected to continue through the rest of the year.
Smart travelers who prefer to pack common sense instead of fear will surely benefit.
For more information about travel news, check out:
- How You Can Find Travel Deals in Europe This Summer
- When Travel Destinations Become Too Popular
- How Uncertainty Over Travel Ban is Hurting U.S. Tourism Industry
Keep reading for more travel tips.