Insight
President Trump announced a 10% global tariff, with plans to raise it to 15%.
Hoteliers Scramble to Price U.S. Tariff Risk
Summary
Recent tariff changes initiated by President Trump have created uncertainty for hotel owners, who are now assessing the potential impact on their costs. Confusion reigns due to rapid policy shifts and a lack of clear information. This situation may lead to issues for hosts as well as suppliers of furniture, fixtures and other goods.
Key takeaway