CoStar's analytics firm STR reported a significant decline in Canadian travel to the United States, with new bookings dropping approximately 20% since February 1, 2025, compared to the previous year. This trend is attributed to U.S. President Donald Trump's rhetoric and policies, including tariffs.
The impact is evident in specific U.S. markets, with Saturday night hotel bookings in Bellingham, Washington, falling 10.8% from February 2 through March 1, and Niagara Falls, New York, experiencing an 8.1% decline over the same period. These figures highlight a direct effect on the hospitality industry.
STR's director of U.S. hospitality, Jan Freitag, noted that while weather and exchange rates also played a role in 2024, the current administration's rhetoric is a distinct factor causing Canadians to reconsider U.S. travel. A 10% drop in Canadian travelers could cost the United States $2.1 billion in lost spending, according to the U.S. Travel Association.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.