Updated April 7, 2025
Global stock markets reeled in the wake of Trump administration tariff news on April 2, signaling increased worries about a recession along with higher prices on imported products.
U.S. President Donald Trump has said the aggressive tariffs plan is designed to encourage more U.S. production in the long term. But as consumers brace for increased costs now, what does this mean for the global hotel industry?
Right now, the impact is across several fronts: First, hotel owners and operators are planning how to manage increased costs of everything from breakfast buffet avocados to guestroom case goods. As costs go up on imported products for consumers around the world, discretionary spending goes down, eating into travel budgets. Beyond that, hoteliers in the U.S. in particular are dealing with tense sentiments from foreign travelers deciding they may not want to change their travel plans to alternate destinations.
Read the latest headlines here:
Breaking news headlines
- April 8: China pushes back on US tariff measures
- April 8: Stocks rise a day after severe hits
- April 7: Stocks dip around the world amid US tariff fallout
- April 4: China responds to new US tariffs
- April 3: Trump administration unveils slew of new tariffs; travel stocks tumble
- April 1: Stock market falls ahead of 'Liberation Day'
- April 1: Europeans to avoid US this summer
- March 31: Canadians continue to opt out of US travel
Around the world
article6 Min ReadApril 07, 2025 10:15 AMGrowing hostility between Canada and the U.S. is driving travelers away from border markets that rely on steady leisure travel from Canada.
article5 Min ReadApril 03, 2025 09:14 AMEuropean hotel investors and executives spoke about how they are adjusting their portfolios and growth strategies as there's growing uncertainty over the future of outbound international travelers from the U.S. as well as other risks.
article4 Min ReadApril 02, 2025 09:30 AMHotel News Now recaps the second day of the International Hospitality Investment Forum EMEA with highlights, quotables, takeaways and more.
article4 Min ReadApril 01, 2025 10:04 AMHotel News Now recaps the first day of the International Hospitality Investment Forum EMEA with highlights, quotables, takeaways and more.
article7 Min ReadMarch 24, 2025 10:01 AMHospitality analysts that shared the stage at the Hunter Hotel Investment Conference predicted a "bumpy" 2025 for the U.S. hotel industry as a number of factors could result in consumers significantly reducing their travel budgets.
article4 Min ReadMarch 19, 2025 10:24 AMHotel News Now recaps the first day of the Hunter Hotel Investment Conference with highlights, quotables, takeaways and more.
article7 Min ReadMarch 21, 2025 09:34 AMHotel industry experts say the current tariff landscape is difficult, but not impossible to navigate, and hoteliers should budget for price increases in furniture, fixtures and equipment as well as food and beverage.
article7 Min ReadDecember 02, 2024 10:09 AMWith President-elect Donald Trump calling for more tariffs on imports, U.S. hoteliers looking for producers of furniture, fixtures and equipment outside of China will find reduced manufacturing capacity and likely higher prices.
Executive perspectives
article4 Min ReadApril 04, 2025 09:09 AMAmid sweeping U.S. tariffs and rhetoric targeting Europe and other parts of the world, Accor Chairman and CEO Sébastien Bazin emphasized the need for hotels to continue to lean in to hospitality to guests of all kinds.
article1 Min ReadApril 04, 2025 08:32 AMNexera Capital's Pete Patel spoke with HNN at the Hunter Hotel Investment Conference about how he's navigating new headwinds associated with current political and economic conditions.
article4 Min ReadApril 08, 2025 08:35 AMIndigo Road's Steve Palmer discusses why local experiences bring authenticity and are a way around tariff uncertainty.