Puerto Vallarta News
Puerto Vallarta News

The most local news coverage in Puerto Vallarta

U.S. Economy expected to lose $1.6 Billion as Mexican tourists choose Canada

The tourism industry in the United States is preparing for an estimated $1.6 billion hit as Mexican tourists choose Canada over the United States.

Forbes reports some experts expect U.S. tourism to drop by 7 percent this year. By 2018, the country could lose $1.6 billion as a result.

Douglas Quimby of travel research firm Phocuswright told the outlet: “We have Twitter wars with our President and former President of Mexico. There is lots of speculation in the media about a trade war with Mexico. If that happens, what kind of impact does that have on millions of middle class Mexicans looking to take a trip?”

Some of the expected loss to the economy is due to Trump policy towards Mexico, but also last year, Canada eased its visa requirements for Mexican tourists, resulting in an 82% increase of Mexican tourists to Canada.

Furthering complications in the tourism industry, recent travel bans from six Muslim Nations is expected to cost the U.S. $18 billion in tourism revenue and job loses in the industry.

Visiting the United States has fallen off many foreigner’s bucket list.

Related Posts

catrina

Vallarta’s 25-Meter Frida Catrina Makes Debut Tonight

Puerto Vallarta unveils its Frida Kahlo-inspired Catrina at 7 p.m. Sunday, with videomapping tonight and...

Five Days Without Garbage Pickup in 5 de Diciembre

Residents near Brasil and Honduras in Puerto Vallarta's 5 de Diciembre say trash has gone...
Puerto Vallarta Mayor Gets a Dismal 2 Out of 10 Score

Puerto Vallarta Mayor Ranks Second Worst in Mexico

Puerto Vallarta Mayor Luis Munguía scored 2.01 out of 10 in Rubrum’s October poll, ranking...
Vallarta holiday security operation starts on Malecón

Vallarta holiday security operation starts on Malecón

Puerto Vallarta’s holiday security operation starts October 30 on the Malecón, with cemetery patrols and...