【巴克莱-2025研究报告】5月份赴美海外游客数量下降：投资科学- 5月份海外游客数量下降加速.pdfVIP

EquityResearch

17June2025

EuropeanTransportation/InvestmentSciences

OverseasvisitorstoU.S.downin

May

WelookatUSarrivalsdatapublishedbytheDepartmentofEuropeanTransportation

Commerce,findingafallinoverseasvisitorsinMay.WealsoNEUTRAL

findGooglesearchinterestforNYflightsremainsreduced,EuropeanTransportation

AndrewLobbenberg

albeitlessseverethanMarch.+44(0)2035550639

andrew.lobbenberg@

Barclays,UK

•TotaloverseasvisitorsinMayweredown-2.8%YoY,whileaironlyweredown-1.8%

YoY.InvestmentSciences

LukeSeelig(iii)

•WesternEuropeanvisitorsweredown-4.4%YoY,whileEasternEuropeanvisitorswere+44(0)2031345355

up+4.6%YoY.luke.seelig@