1 National Travel and Tourism Office, International Trade Administration, U.S. Department of Commerce Canadian Travel to the U.S.: A Brief Update Presented.

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Presentation transcript:

1 National Travel and Tourism Office, International Trade Administration, U.S. Department of Commerce Canadian Travel to the U.S.: A Brief Update Presented by: MARK BROWN National Travel and Tourism Office International Trade Administration U.S. Department of Commerce May 2014 Presented to: Discover America Committee-- CANADA

2 National Travel and Tourism Office, International Trade Administration, U.S. Department of Commerce The Numbers in 2013 Volume trend: 23.39M, up 3.0%. #1. 4 th consecutive record. Spending trend: $27.03B, up 5.8%. #1. Consistent strong growth. Trade Surplus: $19.4B. #1. Consistent VERY strong growth. For perspective: Despite the “low” growth rate of 3.0%, the increase in Canada travelers to the USA in 2013 was greater than that of China and Brazil...COMBINED! (690K vs 600K)

3 National Travel and Tourism Office, International Trade Administration, U.S. Department of Commerce Canada Travel to USA and Rest of World 12-month moving average VOLUME

4 National Travel and Tourism Office, International Trade Administration, U.S. Department of Commerce Canada Travel to USA and Rest of World 12-month moving average PERCENT CHANGE

5 National Travel and Tourism Office, International Trade Administration, U.S. Department of Commerce Outlook for Canada Travel to the United States

6 National Travel and Tourism Office, International Trade Administration, U.S. Department of Commerce Canada to the United States 2018 versus 2013: +3.2 million additional visitors +14% total growth +2.6% annual compounded growth

7 National Travel and Tourism Office, International Trade Administration, U.S. Department of Commerce Factors for 2014 and Beyond ++Promoting the USA (Brand USA: ++; states/cities: ??) +Duty-free limit increase (greater than 24-hour stay; June 1, 2012) + Travel taxes in other countries + Population growing + -Economy / Low growth of U.S. economy. ?Cross-border auto travel to fly from USA airport - -Currency exchange rate

8 National Travel and Tourism Office, International Trade Administration, U.S. Department of Commerce Canada on… travel.trade.gov

9 National Travel and Tourism Office, International Trade Administration, U.S. Department of Commerce Thank You! Questions? MARK BROWN National Travel and Tourism Office International Trade Administration U.S. Department of Commerce Phone: travel.trade.gov