Travel Exclusive: Key Trends for the Travel Industry November-December 2007

In the article Skyrocketing Canadian Dollar Fuelling Outbound Travel Boom, we learn that a 16 per cent increase in the value of the loonie (October 2006 vs. October 2007) is sending Canadians packing. To U.S. destinations, that is. Just how bad is it for Canadian travel operators? Nearly 40 per cent of Canadians polled said that the loonie’s rise had, to some degree, influenced their decision to visit the U.S. sometime this winter.

In the second article, Reliance on U.S. Long-Haul Markets Grows as Rubber-Tire Market Declines, we find out that population shifts sound of the border will have an impact on air and automobile travel to Canada over the next few years. The article also details why overall travel demand from the United States has been stifled.