International arrivals to the U.S. dropped over 11% in March compared to last year, with significant declines from Western Europe, especially Germany, according to new government data. Morningstar has downgraded its 2025 revenue growth forecasts for major online travel companies due to economic concerns and tariffs introduced by President Trump. Meanwhile, Emirates’ president warned of a potential global economic reset, pointing to current financial market instability and challenges faced by major U.S. airlines.

• U.S. Tourism Data Warning: Visits From Europe Dropped in March
• Emirates President Warns: 'We Are in Troubled Times,' as Global Reset Looms
• Growth Outlook for Online Travel Firms Cut in Half: Morningstar

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