Trade War Could Cost U.S. $500 Million in Chinese Tourism Revenue

August 20th, 2018
Trade War Could Cost U.S. $500 Million in Chinese Tourism Revenue
We’ve finally received some concrete numbers about the negative impact of Sino-American tensions and the looming trade war on Chinese tourism to the United States. These latest preliminary numbers come from a new report by ForwardKeys. According to their estimated data, bookings by Chinese tourists to the United States are down 8.4 percent for the year to August compared to the same period last year. Bookings were actually up from the last week of February until March 23, when the first U.S. tariffs were put into place. However, tensions have eliminated any possibility for growth of Chinese tourism to the United States in 2018. Photo: ForwardKeys It was a safe assumption that Chinese tourism to the United States was going to take a hit from the political disputes between Beijing and Washington, even if Chinese authorities aren’t likely to make a move to use regulations to restrict travel as they have ... read more
Source: https://jingtravel.com/feed/Published on 2018-08-20By Mason Hinsdale

 

 

 

Mostly a news aggregator for weekend activities, travel, recreation, and related topics. This information is believed to be correct and reliable, but not guaranteed and is subject to change without notice.

© 2018 WKND.com. All Rights Reserved. Website Disclaimer

Website Serviced by Santiam Communications