Around 85 percent predicted fewer "people to people" travel bookings in 2018.
Rafael Betancourt, a Cuban professor involved in the study, said that the decrease of 56.6 percent in American tourist arrivals since June 2017 represented a 7 percent reduction in the total number of foreign visitors to Cuba.
Last year almost 620,000 U.S. tourists visited Cuba, he noted.
In June 2017, the Trump administration issued a group of regulations to restrict "people to people" visas, a popular way U.S. tourists were able to gain entry to the island. Tourists are now obliged to be accompanied by a U.S.-based guide.
Since 2017, foreign tourist numbers have grown an average of 13 percent annually, making tourism one of the most important industries for the Cuban economy.
Last year's record visitor number of 4.69 million is set to be beaten in 2018, with around five million tourists expected to visit Cuba, said the Ministry of Tourism.
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