Fully vaccinated foreign visitors will be able to enter the U.S. with limited restrictions this coming November. The White House said Monday that non-U.S. citizens will be able to enter the country by showing proof of vaccination and a negative COVID-19 test taken within the last three days prior to departure.

White House Coronavirus Response coordinator, Jeff Zients, said the easing of travel restrictions should take effect in early November. He did not specify an exact date during the announcement.

Airlines and other companies within the travel and tourism industry, which have clamored for the government to ease restrictions, praised the decision. The easing of travel restrictions is expected to spur holiday bookings during the holiday season, which should help lift up struggling companies in the industry.

Businesses such as retailers, restaurants, and transportation are all expected to benefit from the easing of travel restrictions. Share prices of major airlines, including Delta, United, and American, all increased following the White House's announcement on Monday.

Moody's Investors Service said it expects an influx of inbound tourists, particularly non-U.S. citizens visiting their friends and families. This is expected to result in an increase in travel by the first quarter of 2022.

The current travel ban, which applies to more than 30 countries, was imposed by the previous Trump administration in March 2020. It was later upheld by President Joe Biden in January, shortly after he took office.

For unvaccinated U.S. citizens traveling from abroad, certain restrictions will still apply. Citizens returning home will need to under multiple COVID-19 tests before departure and upon arrival.

The easing of restrictions comes months after other countries, including Europe and the UK, lifted entry bans for visitors from the U.S. and elsewhere.

The Centers for Disease Control and Prevention will require all airlines to collect and submit relevant passenger information for international travelers. The information will be used for contact tracing if a passenger should end up becoming positive for COVID-19.

The data that will be collected from passengers will include their address, phone number, and emails. Zients said the contact tracing order will be mandatory for all airlines with U.S.-bound flights.