Domestic travel booms as foreign visitors pull back, putting billions and jobs at risk

Americans are spending a lot more on trips at home, but overseas visitors are pulling back. Recent data show U.S. travel spending up ~0.2% in July while international arrivals are down about 8% this year, with 2025 inbound spending projected to fall by roughly $12.5 billion. Factors include visa costs and processing hurdles, plus geopolitical tensions. The result: strength in domestic leisure, but softer demand in gateway cities that rely on international spending.

Tulane University’s Diego Bufquin, a tourism and hospitality expert, can walk through what’s driving the decline, which cities feel it first and what fixes are realistic now. He can also break down:

The U.S. is losing travelers. Here are the countries that stand to benefit
The United States stands to lose $30 billion in international tourism dollars this year, monies which are set to flow to neighboring nations and beyond.
  • A split-screen travel picture: Recent reads show U.S. spending up marginally, but international arrivals down and 2025 visitor spend projected to fall.
  • Why the inbound dip matters: Fewer long-haul visitors ripple through hotels, attractions, luxury retail, restaurants and tour operators.
  • What would move the needle now: Speed up visas and lower friction (fees, interview backlogs, clear timelines).

For interviews, contact Roger Dunaway at roger@tulane.edu or 504-452-2906.