At a time when international arrivals to the U.S. are already slumping, these hefty additional fees will be one more reason not to visit. There are cheaper places to travel to with less hassle.
Every president wants lower interest rates – they keep voters happy. It’s the Fed’s job to ignore that. But financial markets may have already accepted where this is heading.
Expect to hear more this earnings season about the wealth gap. Overall spending may be sluggish, but high-income households are still traveling and hotels and airlines are doubling down on this group.
The U.S. inbound tourism recovery is stalling, not strengthening. June's roughly 3% year-over-year decline masks the real story: overseas arrivals remain stuck at just 80% of 2019 levels, six years after the pandemic.
At a time when the lines between aviation, tourism, infrastructure, and trade are blurring, Kant’s track record suggests he won’t just be a name on the IndiGo board.