ForwardKeys says their travel-booking data show bookings to the USA for January-August 2018 down 8.4% year-on-year, and the value of the yuan down" /> ACRO Global Tourism Marketer: ForwardKeys: Trump tariffs could cut US inbound visitation from China by 5% in 2018
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ForwardKeys: Trump tariffs could cut US inbound visitation from China by 5% in 2018
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20 August 2018 (Edited 20 August 2018)


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ForwardKeys says their travel-booking data show bookings to the USA for January-August 2018 down 8.4% year-on-year, and the value of the yuan down 7.5% against the USD. And for the rest of 2018, Chinese bookings to the USA are 9.6% behind where they were in August 2017. Group bookings are most affected - down 34.4% for the rest of 2018.

Meanwhile, bookings from China to Canada are up.

A Chinese delegation led by the Vice Commerce Minister is scheduled to meet with US officials led by the Treasury Undersecretary - not exactly A-list players considering the seriousness of the situation - on August 22-23.

Stay tuned.


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External Article: https://forwardkeys.com/publication-single/china-us-trade-war-PR.html


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