Industry Report: USA and Canada, a Summer of Tourism

Paul Breslin of Horwath HTL Atlanta, GA, USA, has written our latest Industry Report, focusing on the USA and Canadian’s tourism market.

‘As we find ourselves in this precarious era of global travel and tourism, there is a sense that U.S. summer vacationers are staying just a bit closer to home in 2016. Canada has proven appealing for those who seek a travel experience while still remaining near. Thanks to the country’s economic and political stability, as well as the ease of traveling back and forth between Canada and America, many Americans are finding their neighboring country a desirable destination, perhaps more so today than in previous years. Toronto, for example, anticipates this year to top the record 14 million overnight visitors who arrived in 2015. An income boost and a growth in Canadian tourism has been a result of the travel into and within the country itself. Interestingly, Canada also attracts less money-conscious travelers; Travelers from the U.S. and Canada report that they are looking to spend $6,400 and $8,400 respectively on travel this year. This exceeds the global average on travel spend, which is $5,100 (Sojern).‘