On March 20, the World Travel & Tourism Council (WTTC) released its annual Economic Impact Research report for 2017. In its U.S. report, the WTTC showed that the country’s travel and tourism sector provided $1.5 trillion to the economy in 2016 and supported more than 14 million jobs.
Those numbers are pretty good for the American economy which now should face the Trump administration travel ban.
“The U.S. overall is still 20 percent of the travel and tourism industry – so it is huge and we see a certain slowing this year,” David Scowsill, CEO and president of the World Travel & Tourism Council (WTTC), told CNBC Monday.
“Less to do with the Trump-proposed travel ban, but more to what’s going on domestically, with inflation, with disposable income going down a little bit – so that’s the big impact.”
“Inbound to the U.S., it’s the strength of the dollar , so it’s much more expensive for people to go this year – so you’ll see some effect of that, and the Trump ban is not helpful,” Scowsill added.
“So I think this ban is misguided. The six countries targeted – not one national of any of those countries has committed an atrocity on U.S. soil in the last 40 years, so this is not really a security issue, and the message that it sent round is that the U.S. is closing for business. It’s not welcoming anymore, and that’s a really difficult message.”
“The good thing about President Trump – he does come from our industry, he knows about job creation in our industry and he knows where American jobs are. We’re a very, very important employer of people in the United States; but this ban is misguided,” said Scowsill.
“Once we get past this travel ban period – it’ll either get put in or it’ll get withdrawn we hope – then things will go back to normal and consumers will then look at the U.S. as a great place to visit again, for business and for leisure travel.”
So the Trump administration should find a solution for the created problem. As US need the tourists, need the business from abroad, it will be interesting the following period to see what’s happens