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The effects of Trump administration tariffs on the hotel industry

Cost of goods, traveler sentiment all face a reckoning
U.S. President Donald Trump announced new tariffs on foreign countries late in the day on April 2. Traders work on the floor of the New York Stock Exchange moments after the news conference. (Photo by Spencer Platt/Getty Images) (Getty Images)
U.S. President Donald Trump announced new tariffs on foreign countries late in the day on April 2. Traders work on the floor of the New York Stock Exchange moments after the news conference. (Photo by Spencer Platt/Getty Images) (Getty Images)
By The HNN editorial staff
April 4, 2025 | 2:46 P.M.

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

Around the world

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5 Min Read
April 03, 2025 09:14 AM
European 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.
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April 02, 2025 09:30 AM
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April 01, 2025 10:04 AM
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March 24, 2025 10:01 AM
Hospitality 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.
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March 19, 2025 10:24 AM
Hotel News Now recaps the first day of the Hunter Hotel Investment Conference with highlights, quotables, takeaways and more.
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7 Min Read
March 21, 2025 09:34 AM
Hotel 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.
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Bryan Wroten

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7 Min Read
December 02, 2024 10:09 AM
With 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.
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Bryan Wroten

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Executive perspectives

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4 Min Read
April 04, 2025 09:09 AM
Amid 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.
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1 Min Read
April 04, 2025 08:32 AM
Nexera 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.
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