How Trump’s tariffs may impact hotels
- The LVCVA projects a revenue decrease of 5% in room taxes for its budget ending June 30.
- President Trump's new trade policy decisions may be the cause of a possible downturn.
- Travel advisories and immigration concerns could impact international travel to Las Vegas.
- LVCVA President Hill called the projected decrease a conservative approach in light of present uproar.
- The LVCVA expects a decline in international visitation, but one month does not make a trend, according to Hill.
9 Articles
9 Articles
Las Vegas tourism feeling the strain of Trump’s tariffs and traveler anxiety
This downturn comes in the wake of President Donald Trump’s trade policy decisions last week to institute a universal 10% tariff and additional targeted tariffs on countries that have high trade deficits ...
Trump Defends New Tariffs Despite Market Uncertainty, Promises $5 Trillion Economic Revolution
President Donald Trump’s ambitious tariff plan on dozens of countries worldwide has become the central focus of his administration’s twelfth week in office. The sweeping... The post Trump Defends New Tariffs Despite Market Uncertainty, Promises $5 Trillion Economic Revolution appeared first on Patriot Journal.
Tariffs impact on travel – what does the data say?
Tariff impact is just about the only news item anywhere. While pundits opine, nobody knows what’s coming next. The on-again-off-again tariffs have made markets unstable. The news reports suggest the travel market is not only in turmoil, but travel to the US is declining. Here’s some data on international travel from the United States that might help provide some actual evidence of what consumers are doing. The data source is the I-92 from DHS a…
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