It is one of the best cities in the country for sightseeing and dining, but the city has an Achilles heel: The tourism industry is shrinking.
The International Business Times, a business publication, recently reported that the number of foreign visitors to the city, which attracts $1.6bn in foreign direct investment each year, was down by more than half over the past five years.
The number of foreigners visiting the city declined by almost half to 3,814,000 in 2016, according to the tourism agency.
The report cited a decline in visitors and a drop in spending.
While Pittsburgh’s economy is still strong, it has fallen behind other cities in attracting foreign tourists, such as Dallas and Atlanta, and has lagged behind other US cities in getting more foreigners into the city.
The Tourism Industry Association of America says that the biggest reasons for the decline are:The tourism industry in Pittsburgh has struggled to attract more foreign tourists.
It has seen a decline of about 20% in visitors from countries other than the United States, according the industry group.
It said that the most significant factor was the economic downturn.
“The downturn in tourism was caused by a combination of the recession, the implementation of the EB-5 program, and other changes to local economic conditions, such the loss of local manufacturing and tourism, and the loss in international visitor traffic,” the association said in a statement.
In 2016, the International Tourism Association ranked Pittsburgh third in the world for tourism spending.
It also ranked it among the top 10 destinations for people from the US and Europe.
It said the number and number of visitors to Pittsburgh increased after the recession and that in 2018, the number increased to 1.4 million, a figure that was slightly less than half the level in 2016.
But, the industry said, the downturn has not yet reached its peak and the industry is facing new challenges in the form of a number of new threats.
According to the association, foreign visitors are increasingly turning to cities with less established tourism industry.
These include:Low-wage workers, people with limited English skills, and refugees are driving the shift away from the city and its environs.
“Pittsburgh’s tourism industry faces a number or challenges that are unique to its area, including low-wage employees, the growth of new services, and refugee workers,” the statement said.
Tourism groups have warned that the loss would have an impact on the local economy.
The tourism association said that in the long term, the city’s economic decline could cost the region an estimated $1 billion in lost tourism revenue.
The American Chamber of Commerce said that “Pittsburgh is an attractive destination for visitors who want to experience and enjoy the best of the US”.
“Pitts’ thriving tourism industry supports local economic growth, jobs, and local businesses,” the group said in an email.
The Chamber of the North American Conference of Mayors, which represents more than 2,500 mayors, said in the statement that it is “concerned about the loss and decline of the local tourism industry”.
“It has been a strong pillar of Pittsburgh’s growth for decades,” the chamber said.
“It is essential that we work together to strengthen the tourism industry and attract more visitors to our city.”
A spokesperson for the city said the tourism association’s analysis “does not reflect the reality of the tourism sector, as it is in fact changing as new threats emerge and the tourism boom continues.”
“The tourism sector is resilient,” he said.
“We continue to invest in new opportunities to attract visitors and we are investing in more public transportation, public schools, public hospitals, parks and open space.”
There are many new attractions and events being developed, and our city is working to support the development of more of these as well as the tourism and arts communities.