Tuesday 20 May 2008

High loonie notwithstanding Mexican inbound tourism was up 35.5% in March

While the sub-prime mortgage debacle, high gas prices, an interminable Democratic party race, recession fears, a "been there done that" mood, a low greenback, and other worries continue to keep Americans away from Canada (down a further 14.8% from March '07), a high loonie has not deterred Mexican tourists from visiting the Great White North. Visits from Mexicans in March of this year were up 35.5% compared to last year and 28% higher this year than last for the period of January to March. The Mexican economy is stable for the time being supported by a strong petropeso so summer is also looking good for Canadian Tourism organizations catering to these visitors.
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It also appears that for the first time ever, Mexico (22,195) surpassed Japan (20,344) in monthly visitors and also in total visitors year to date (Jan - Mar, Mexico: 47,991 Japan: 47,230). Orale!
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Saludos,
Jaime
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P.S. Given the numbers, there must be a mistake in StatCan's The Daily report "Travel between Canada and other countries," which says: "Travel declined in 8 of Canada's top 12 overseas markets, with the strongest decreases in travel from Mexico, Germany and Hong Kong. On the other hand, there were gains in visitors from India, Italy and the Netherlands."

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