In March, Canadian bookings for US Airbnbs fell by 12.1%, signifying a possible long-term trend as tensions over tariffs escalate. The Canadian government has prompted local support in travel, which seems to resonate with some Canadians. Despite this, the overall short-term rental market in the US remains stable, with a slight increase in revenue. AirDNA highlights that while Canadian travelers represent only a small portion of the market, their decline is felt stronger in border towns and popular vacation destinations.
The sharp decline in Canadian travel to the US is attributed to rising tariff tensions, as well as Prime Minister Trudeau's encouragement to support domestic tourism.
AirDNA's data shows a 12.1% decrease in nights booked by Canadian travelers in US Airbnbs in March, highlighting a broader trend of reduced travel.
Despite the drop in Canadian bookings, the overall short-term rental market remained stable in March, with an average revenue increase of 1.3% year-over-year.
The impact of the decline in Canadian travel may vary by region, with certain destinations like Buffalo and Bellingham experiencing more significant effects.
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