The Cost of Isolation

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President Trump’s travel ban on six Muslim-Majority countries that had initially been met with ethical backlash is now causing serious economic trouble.  The restrictions have sent an inhospitable message to the international world and in turn, reflect on tourism.  Companies and businesses that would have looked towards the U.S. for trips and meetings are beginning to back out in fear of employees having travel difficulties.  Airline bookings have taken a hit in the wake of the initial travel ban announcement on January 27th and after word of the revised plan on March 6th.  Unfortunately, the hospitality industry is feeling the effects too and have experienced less occupancy in February.  Arnie Sorenson, CEO of Marriott International, says that the company “suffered a 3% decline in international bookings to the U.S. in February, according to a March 21 earnings call. The drop included a 25% to 30% decline from the Middle East and a 10% decline from Mexico”.  The drop from a country like Mexico which is not directly included in the travel ban hints at worsening diplomatic ties.  The present and future implications of the ban are abundant and widespread.  Students from all around the world seek out the United States as a destination to study, but the new restrictions compromise that.

Airline bookings have taken a hit in the wake of the initial travel ban announcement on January 27th and after word of the revised plan on March 6th.  Unfortunately, the hospitality industry is feeling the effects too and have experienced less occupancy in February.  Arnie Sorenson, CEO of Marriott International, says that the company “suffered a 3% decline in international bookings to the U.S. in February, according to a March 21 earnings call. The drop included a 25% to 30% decline from the Middle East and a 10% decline from Mexico”.  The drop from a country like Mexico which is not directly included in the travel ban hints at worsening diplomatic ties.

The present and future implications of the ban are abundant and widespread.  Students from all around the world seek out the United States as a destination to study, but the new restrictions compromise that.  United by their concern, six hundred colleges wrote to Homeland Security Secretary John Kelly on Feb. 3 fretting over losing international students.  This comes at quite the cost, one million international students spend $32 billion a year according to the senior vice president for the American Council on Education.  The theme here is that the U.S. is on track to miss out on a lot of money as a result of the travel ban.  U.S. tourism is a $250 billion industry.  The Tourism Economics of Wayne, Pennsylvania project that the United States will welcome in 4.3 million fewer international travelers in 2017, accounting for a loss of $7.4 billion.  It is odd that a president so grounded in business like Trump does not see the financial harm that the travel ban will cause.

http://www.usatoday.com/story/news/world/2017/03/29/trumps-travel-ban-could-cost-18b-us-tourism-travel-analysts-say/99708758/

 

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