Trump’s Impact on the Travel Industry

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It would be an understatement to say that change is in the air. Last week Donald Trump was inaugurated as the 45th president of the United States. While the Trump administration begins to take action, businesses are hopeful that he will keep their industries in mind.

The travel industry is a major player in the U.S. economy, contributing more than $148 billion in tax revenue and more than 15 million jobs. Without it, every U.S. household would pay an extra $1,192 in taxes per year. Tax revenue, job creation and related services are all partially contingent on the travel industry. Therefore, the future of U.S. travel is a pressing concern right now. Continue reading