▲ | mgh95 5 hours ago | ||||||||||||||||
Business travel from CAN to US has remained stable (see: https://globalnews.ca/video/11436758/business-travel-to-u-s-...). It's leisure that is declining. Meanwhile, total spending in the US from int'l visitor tourism is up in the US (see: https://www.hotel-online.com/press_releases/release/internat...). Honestly, I think macro factors -- namely, poor Canadian household finances due to increasing cost of living and declining real incomes in Canada coupled with a strengthening US dollar against the Loonie -- are what are killing tourism from CAN to US right now. | |||||||||||||||||
▲ | jpalawaga 3 hours ago | parent | next [-] | ||||||||||||||||
All of my personal network has stopped non-mandatory travel to the US. I wouldn’t be surprised people wouldn’t resist if their employer told them to go for business, but many Canadians are simply opting out of leisure travel to the United States. There are plenty of other places to travel is the rationale. besides, if a strong greenback was the reason for decrease of leisure, wouldn’t it also be responsible for a decrease in business travel, too? Certainly businesses are also bound to macroeconomic shifts. | |||||||||||||||||
| |||||||||||||||||
▲ | richardlblair 5 hours ago | parent | prev | next [-] | ||||||||||||||||
As a Canadian, living shoulder to shoulder with the very folks who used to frequently travel to the US (and being one myself). I firmly disagree. | |||||||||||||||||
| |||||||||||||||||
▲ | an hour ago | parent | prev | next [-] | ||||||||||||||||
[deleted] | |||||||||||||||||
▲ | sjsdaiuasgdia 3 hours ago | parent | prev [-] | ||||||||||||||||
The left hand of the chart in the 2nd link provides some perspective for this year's numbers. July 2024 through Jan 2025, the YoY numbers are always in the 7%-9% range. Averages to 7.7% across those months. Feb 2025 to July 2025, there's only a single month (April) in that range. We've got 2 months at 1% YoY growth, one break even, and two negative. Those months average out to about 0.7%. If you include Jan 2025 to align to the calendar year 2025, you get 1.57%, which seems to be the number that becomes 'nearly 2 percent' in the text under the chart. While it is still positive growth, it's 20% of the YoY growth trend for several months heading up to 2025. If you take out Jan 2025 (2/3 of which Trump was not yet president), it's only 10%. | |||||||||||||||||
|