Stays Accommodation News

The escalating trade war between Canada and the United States is set to have major consequences for travel, tourism, and local businesses. New tariffs could lead to higher costs for Canadian travelers, making trips to the U.S. more expensive and less frequent. This decline in tourism threatens to disrupt the hospitality industry, retail sales, and transportation services in key destinations like Florida, California, and New York. Rising travel expenses, including fuel and accommodation prices, may further discourage cross-border visits. As local businesses brace for reduced revenue, both countries face an uncertain future in their long-standing economic and tourism relationship. Here’s what you need to know about the potential fallout.

New trade duties on Canada might negatively affect Canadian tourism and economic contributions to the United States. In 2024, Canada was the leading international source of tourists to the U.S., with 20.4 million Canadian visits generating $20.5 billion in economic activity and sustaining 140,000 jobs across America. A potential 10% drop in these visits could result in a loss of 2 million visitors, reducing spending by approximately $2.1 billion and jeopardizing 14,000 American jobs.

Bulgaria, the latest country to join the Schengen Area, is ramping up efforts to modernize its visa issuance system in a strategic move to strengthen its tourism industry. Recognizing the need for a more efficient process, authorities have set up a specialized working group dedicated to simplifying visa procedures and reducing processing times. The initiative is expected to attract more international visitors and bolster Bulgaria’s position as a competitive European travel destination.

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