One of Trump’s highly criticized policies was a complete ban on Muslims entering the United States. However, a complete ban on a race or religion is impossible to implement politically.
Since the major aim here seems to be to curb terrorism, the implementation of the policy would involve stricter controls on every foreign visitor at all airports, ports, and railway stations.
Naturally, no traveler would like to wait long hours in line to answer questions based on their color, religion, and nationality, especially when the main purpose of a vacation is to relax.
Survey results not good
Travelzoo.com, a holiday website, conducted a survey in the United Kingdom, which sends almost 3.8 million visitors to the United States every year.
One in every five respondents said that they wouldn’t consider the United States as a travel destination if Trump were to win, and one in nine said that they would probably not consider the United States for travel during a Trump presidency.
All this means an uncertain 2017 for the US travel and tourism industry.
Weak dollar supportive
One factor that could lead to a boost in travel is a weaker US dollar. Given the uncertainty surrounding the Trump presidency, the US dollar has weakened and could fall further. For travelers to the United States, this would be good news, helping to attract foreign tourists to the United States.
On the other hand, Americans may travel less, as travel would be more expensive. Next, we’ll discuss how analysts’ ratings have changed following Trump’s win.
Remember, investors can gain exposure to hotels by investing in the iShares Russell 1000 Growth ETF (IWF). IWF invests in Marriott (MAR), Wyndham (WYN), and Hilton Worldwide (HLT). However, it doesn’t invest in InterContinental Hotels Group (IHG) or Hyatt (H).