I think a partial explanation can be that for most international tourists a visit to the USA is a major trip that gets planned well in advance. Easily half or even a full year ahead. Things only really got bad in the last few months, so we might still see many holidays that were planned before the madness fully set in. If that is the case I’d expect a continued decline in the future, where people choose another destination when deciding their next itinerary.
I think a partial explanation can be that for most international tourists a visit to the USA is a major trip that gets planned well in advance. Easily half or even a full year ahead. Things only really got bad in the last few months, so we might still see many holidays that were planned before the madness fully set in. If that is the case I’d expect a continued decline in the future, where people choose another destination when deciding their next itinerary.