Skip to content
Trending
May 29, 2025Best Buy cuts full-year sales and profit guidance as tariffs raise cost of electronics March 11, 2025Delta Air Lines slashes earnings outlook on weaker U.S. demand, sending shares lower October 29, 2025From futuristic NEOM to tech and tourism, Saudi Arabia’s priorities are shifting November 3, 2025Ether falls 7% following a multimillion dollar hack of a decentralized finance protocol April 19, 2025Trump renews call for interest rate cut, says rates would be lower if Fed chief Powell ‘understood what he was doing’ February 6, 2025Huawei revenue rises at fastest pace since 2016 on the back of consumer segment growth August 16, 2025AI is moving into the apartment market, taking over work orders, lease renewals, showings and more June 5, 2025Most companies are already raising prices or plan to because of tariffs, data shows July 16, 2025Bank of America puts up mixed results as net interest income misses analysts’ expectations June 26, 2025Job openings showed surprising increase to 7.4 million in April
  Monday 8 June 2026
everydayread.net
  • HOME
  • Bitcoin
  • Business
  • Earnings
  • Economy
  • Finance
everydayread.net
everydayread.net
  • HOME
  • Bitcoin
  • Business
  • Earnings
  • Economy
  • Finance
everydayread.net
  Business  International inbound travel to U.S. shows mixed recovery
Business

International inbound travel to U.S. shows mixed recovery

AdminAdmin—July 19, 20250

A passenger passes a giant American flag as they make their way to and from their gates during the Memorial Day weekend getaway at John Wayne Airport Orange County in John Wayne Airport, Santa Ana, CA on Thursday, May 26, 2022.

Allen J. Schaben | Los Angeles Times | Getty Images

Canadian travel dropped sharply in the first half of 2025, according to numbers by U.S. Travel Association.

More stories

How Fanatics is teaching business acumen to pro athletes

June 24, 2025

Target CEO Cornell to meet with Sharpton to discuss DEI rollback as civil rights leader considers boycott

April 17, 2025

Bank of America tops analysts’ estimates on better-than-expected interest income, trading

April 15, 2025

Steph Curry’s Thirty Ink generated $174 million in revenue last year, and all of its businesses are profitable, company says

June 4, 2025

Visits from Canada dropped by nearly 19% over the same time period last year, dragging overall international visits lower by 3.4%.

That equates to a decline of $1.9 billion in travel spending. June was especially rough, with Canadian visitation down more than 26%, the association said. 

The punch to the travel and tourism industry was mitigated by a noticeable increase in visitors from Mexico. The month of June and the first half of the year saw notable increases of 14.8% and 12.5%, respectively, according to the U.S. Travel Association. Those 940,000 visits from Mexican travelers equated to just shy of half a billion in travel spending. 

“This initial look at first-half 2025 data shows that while travel continues to be a priority, broader economic concerns remain on consumers’ minds. Amid a rapidly evolving global environment, international visits to the U.S. have been resilient across most markets—with the notable exception of Canada, our largest inbound source,” the U.S. Travel Association said in an email to CNBC.

Major travel companies Hilton, Wyndham and Travel and Leisure, which have been closely watching the change in visitors, are all reporting earnings next week.

Las Vegas is also reporting a decline in international visitors from Mexico and Canada, which may show up in results for casinos like Caesars, MGM, Boyd and Red Rock Resorts.

The travel industry has been concerned about a big cut in President Donald Trump‘s tax-and-spending law that slashes spending on marketing and promotion of U.S. destinations overseas, and increases fees for travel visas, which may be especially problematic ahead of the World Cup next year.

— CNBC’s Dawn Giel contributed to this report.

Morgan Stanley earnings top estimates on increased trading revenue
Abbott stock fell victim to an old earnings season truth: It’s all about the guidance
Related posts
  • Related posts
  • More from author
Business

American Airlines no longer lets basic economy flyers earn miles

December 18, 20250
Business

Delta president Glen Hauenstein, who helped turn airline into industry profit leader, to retire in February

December 17, 20250
Business

Consumers are feeling gloomy about the economy. Here’s why they’re spending anyway

December 16, 20250
Load more
Read also
Earnings

Google cloud growth tops Microsoft and Amazon as all three beat estimates on AI demand

May 2, 20260
Finance

Visa says new AI shopping tool has helped customers with hundreds of transactions

December 18, 20250
Economy

Trust these numbers? Economists see a lot of flaws in delayed CPI report showing downward inflation

December 18, 20250
Earnings

Nike tops earnings estimates but shares fall as China sales plunge, tariffs hit profits

December 18, 20250
Business

American Airlines no longer lets basic economy flyers earn miles

December 18, 20250
Finance

Billionaire fund manager Ron Baron praises beaten-up financial stock whose new CEO he compares to Jamie Dimon

December 17, 20250
Load more
    © 2022, All Rights Reserved.
    • About Us
    • Advertise With Us
    • Contact Us
    • Disclaimer
    • Cookie Law
    • Privacy Policy
    • Terms & Conditions