Travel companies feel the impact of slump in demand for US holidays
- 5/13/2025
- 14 H

7.1 million visitors entered the US from
overseas in the first three months of this year, 3.3 per cent fewer than during
the same period in 2024.
Expedia Group said Friday that reduced travel demand
in the United States led to its weaker-than-expected revenue in the first
quarter, and Bank of America said credit card transactions showed spending on
flights and lodging kept falling last month.
The two reports add to growing indications that the US
travel and tourism industry may see its first slowdown since the end of the
COVID-19 pandemic fuelled a period of “revenge travel” that turned into
sustained interest in getting away.
Expedia, which owns accommodation reservation
platforms Hotels.com and VRBO as well as an eponymous online travel agency, was
the latest American company to report slowing business with both international
visitors and domestic travellers.
Airbnb and Hilton noted the same trends last week in their quarterly earnings reports. Most major US airlines have said they plan to reduce scheduled flights, citing a decline in economy passengers booking leisure trips. (Euronews)
