Travel restrictions could cost U.S. $10.3 bln in Chinese visitor spending - News Summed Up

Travel restrictions could cost U.S. $10.3 bln in Chinese visitor spending


WASHINGTON — Travel restrictions related to the novel coronavirus from China could impact city and state economies across the United States, which have benefited from a huge jump in tourism from China in recent years, analysts say. About 15% of visitors from China indicate “education” as the purpose of their visit in the Department of Commerce Survey of International Air Travelers, Oxford Economics said. The virus will result in a $10.3 billion loss in Chinese visitor spending in the United States, most of that in 2020, Oxford Economics estimates. Each visitor spends an average of $6,000 per trip, not including airfare or money spent on education, the research firm says. [China visits key from Riverside to Buffalo https://tmsnrt.rs/36SMPHM ]On a state-by-state basis, California receives the greatest concentration of overseas visitors from China, followed by Utah.


Source: National Post February 04, 2020 16:18 UTC



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