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.
We’d been hearing CEOs talk about stabilization in travel trends. But the declines in visits from key markets — Canada, Germany — show that it will take time to repair strained relationships.
For today’s podcast we look at April tourism numbers in the U.S. as well as airline traffic control issues, and wrap up the pod with a glimpse at Viceroy’s expansion plans.
The calendar shift of Easter, a popular holiday for Europeans, from March to April might bear some blame for the March declines. Figures for international travel over the summer months will paint a clearer picture.