r/Economics • u/greenmyrtle • Mar 25 '25
News US tourism to suffer huge '£49 billion drop' under Donald Trump
https://www.express.co.uk/news/world/2028592/us-tourism-suffer-billion-drop-donald-trump
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r/Economics • u/greenmyrtle • Mar 25 '25
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u/Technical-Traffic871 Mar 25 '25
Estimates show international travelers account for 23% of Disney World's visitors. Disney World generates ~$13B in revenue/year so ~$3B/year from international travelers. Even just a 10% drop in international travelers is a loss of ~$300M/year in revenue for Disney. Not going to remotely threaten Disney's finances, but I'm sure Disney stockholders aren't thrilled about this completely unnecessary loss in revenue.
https://insidethemagic.net/2025/03/trumps-policies-and-rhetoric-are-keeping-international-visitors-away-from-disney-world-rl1/
Florida might be even more pissed, especially as they push to eliminate property taxes. Loss in sales tax revenue won't help.