Recent reports indicate a noticeable decrease in Canadian visitors to the US, largely attributed to the ongoing trade war instigated by President Trump. Companies like Hilton and Caesars Entertainment reported declines in Canadian clientele. In contrast, Mexico has surfaced as a favored destination for Canadians. Booking Holdings pointed out a shift in travel behaviors, noting a stable growth of travel from Canada to Mexico despite a general slowdown in travel to the US. This shift highlights changing dynamics in cross-border tourism in response to political climates.
Hilton CEO Christopher Nassetta mentioned a decline in Canadian visitors, attributing it to changing travel patterns amid the ongoing trade war and other geopolitical factors.
The CFO of Booking Holdings noted a moderation in travel trends from Canada to the US, while also seeing stable growth in travel to Mexico.
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