European Tourists Start Avoiding the US as ‘Unknown Territory'
French hotel group Accor SA has warned that forward bookings from Europe to the US are down 25% this summer as travelers that feel put off by US President Donald Trump's 's crackdown on immigration divert to other locations.
The company is seeing a 'pretty strong deceleration' across the Atlantic, Chief Executive Officer Sébastien Bazin said on Tuesday in a Bloomberg TV interview. The drop is an acceleration from an 18-20% decline in the first 90 days of the year, he said. Travelers are deciding to visit places such as Canada, South America of Egypt instead of the US, Bazin said.
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