US hotels and airlines slash prices as Trump policies hit tourism

Hotels and airlines in the US are cutting prices as tourists avoid the country in response to Donald Trump’s immigration policies, according to Expedia. Dara Khosrowshahi, CE of Expedia, warned the US travel industry is preparing for a turbulent year amid falling international interest in visiting the country. American groups are responding to the strong dollar, he said, but another factor was the Trump administration’s effort to impose a travel ban on visitors from some countries. “I think that because of some of the perceived positions coming out of the current administration, the US as a destination is potentially looking less attractive as a product,” said Khosrowshahi. “One of two things is going to happen. Either the US has to go on sale in order to keep volumes up, or volumes are going to come down.” <br/>
Financial Times
https://www.ft.com/content/d8d3402a-1540-11e7-b0c1-37e417ee6c76
3/31/17