Trump's ongoing travel bans are bad for business, says GBTA research

Majority of US buyers believe current administration is 'having a negative impact on business travel'.

A recent poll of Global Business Travel Association (GBTA) members in the USA has found that 62% believe that the Trump administration is "having a negative impact on business travel."

The report went on to state that: "for every one percent decrease in business travel spending, the US economy loses 74,000 jobs, $5.5 billion in GDP, $3.3 billion in wages and $1.3 billion in taxes."

The survey of GBTA members also found 23% of travel buyers believe the US government’s executive orders have led to a reduction in their own company’s travel. A further 37% expect some level of reduction in future because of the Supreme Court’s 26 June ruling to uphold certain travel bans.

In a separate poll of its European members, 38% said they are less willing to plan meetings and events in America because of the travel bans. Another 31% said that the travel ban has been responsible for some reduction in their company’s travel

A GBTA statement said: "Business planning in an environment with turmoil and unpredictable change is difficult. Business leaders would much rather have certainty and predictability so that they can allocate capital and plan business appropriately for the long term.

"When policies are introduced without consulting stakeholders and presented without warning, it causes damage to the United States as a destination for foreign travel. However, it is not irreparable. The U.S. economy remains strong and is an attractive place for business." 

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