Canadian Travel to the U.S. Keeps Falling — Now for 13 Straight Months
Summary
Canadian travel to the U.S. continues to decline, a trend that could indirectly impact cross-border tourism-dependent short-term rental markets. Canadian return trips by car fell 12.9% and by air dropped 17.6% in February, marking 13 straight months of decline. Hosts in border regions should consider the potential for reduced demand.
Key Insights
- •Canadian-resident return trips from the U.S. by car fell 12.9% year-over-year in February.
- •Canadian-resident return trips from the U.S. by air fell 17.6% year-over-year in February.
Action Items
- ✓Hosts in regions reliant on Canadian tourism should analyze their booking data for any negative impacts, and adjust pricing or marketing strategies accordingly.Effort: mediumImpact: medium
- ✓Consider adjusting your seasonal pricing strategy to reflect potential shifts in demand.Effort: lowImpact: medium
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