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Spain remained flat for the month, but South America, excluding Brazil grew 7.2% for the month. and is up 8% for the period from Jan to May.
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Given the global credit crunch and the fuel debacle among airlines it is all the more remarkable that the Mexican inbound market continues to grow at this clip. In my opinion, it is confirmation that there continues to be pent-up demand in Mexico for travel to Canada. The success of the Canadamigos Social Network to date (over 5,000 visits per months and reaching 1,700 active members since December '07) and continuing growth in traffic for the Canadá en Español websites (over 200,000 monthly visits) leads me to reassert my belief that with the right marketing mix going forward Mexican inbound tourism to Canada could reach 350,000 visitors by the end of 2010. Furthermore, once Canada begins to market itself in Spain we could see a dramatic increase of Spanish visitors to this country.
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Saludos,
Jaime Horwitz MBA
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