WTTC: US economy faces daily loss of USD198m due to travel restrictions

    World Travel & Tourism Council (WTTC) reported (15-Sep-2021) the US economy faces a daily potential loss of nearly USD198 million should current border restrictions remain. The US remains closed to many of the largest contributors to the US economy in terms of visitor spending in 2019, including the UK: 8%, Germany: 4%, France: 3%, and Italy: 2%. WTTC stated he US economy “continues to endure substantial financial hardship due to current inbound travel protocols” with monthly potential losses of over USD1.2 billion, amounting to approximately USD283 million per week or USD40 million per day, from the UK market alone. [more – original PR]

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