Latest Breaking News
Showing Original Post only (View all)'Catastrophic': Canadian bookings for U.S. travel drop sharply [View all]
Source: CTV
Canadian travel to the United States has begun to drop as the North American trade war hits Americas tourism industry.
The number of Canadian residents returning from trips to the U.S. has dropped 6.4 per cent between December and January this year, according to the latest seasonally adjusted data. Thats not counting any trends that may have emerged following U.S. import tariffs activating in early March.
One industry monitor recently found that demand for Canada-U.S. flights has collapsed, with cross-border bookings down more than 70 per cent for this spring and summer.
This sharp drop suggests that travellers are holding off on making reservations, likely due to ongoing uncertainty surrounding the broader trade dispute, wrote John Grant, chief analyst for OAG Aviation Worldwide, in a Wednesday blog post.
Read more: https://www.ctvnews.ca/canada/article/where-have-all-the-snowbirds-gone-canadians-cold-on-us-travel/
The U.S. is going to lose billions of tourist dollars from this fiasco. Hotels here in BC are at a premium already from people doing staycations and U.S. tourists coming here because of the good exchange rate.
