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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: GST who wrote (92835)3/27/2008 6:09:57 PM
From: patron_anejo_por_favor  Respond to of 110194
 
Why go to Europe? It's old and smelly and they don't have NASCAR. We've got Disneyland (x2) and Big Macs aplenty over here.......<G>



To: GST who wrote (92835)3/27/2008 6:18:20 PM
From: blazenzim  Read Replies (5) | Respond to of 110194
 
Most Americans can barely afford to travel to their meaningless jobs and don't have a passport.

Only the upper echelon have ever traveled to Europe.

In fact, the weak dollar vs. euro mostly impacts wealthy Americans. French wines, German cars, Euro vacations and Italian apparel are only enjoyed by the top 5% of the income strata.



To: GST who wrote (92835)3/27/2008 6:23:16 PM
From: Cogito Ergo Sum  Read Replies (3) | Respond to of 110194
 
canadiantourism.blogspot.com
Toronto, Montreal, Vancouver, Quebec City, Ottawa, Yukon. Mexicans and Spaniards are coming. Americans? Still coming but not so much. November 07.

Hot off the presses. The latest Statcan International Travel: Advance Information for November 2007 is a total Fiesta en Español. Inbound tourism to Canada from Mexico was up an excellent 31.6% compared to November 2006. Inbound tourism to Canada from Spain was up a whopping 43.6%! Not bad at all for a slow month like November. It's looking good for December numbers when it comes to Spanish speaking visitors to Canada. South America, not counting Brazil (not a Spanish speaking country, although with many cultural similarities), was up a decent 14.1% Adding up all Spanish speaking tourists (as close as we can get to add them up, since we don't know how many US Hispanics visit Canada) based on the Statcan bulletin (i.e. including Spain, Mexico and South America) the total figure for Jan to November 2007 is 374,160 visitors - more than visitors from Germany or France in the same period. Since I'm an online entrepreneur, I see my main market as Spanish speaking no matter where they live. Traffic to my Spanish language sites comes from every country where Spanish is spoken. So I am very pleased with these numbers.

While the numbers are great when it comes to Spanish speaking visitors, this does not make up for the continuing decline from US visitors (just over 24 million to Nov '07). A 13% drop in Nov '07 from Nov '06 adds more concern to the issue. Much of the strength of our industry depends in good measure from US visitors and their current economic woes do not bode well for '08.


The Black Swan



To: GST who wrote (92835)3/27/2008 6:56:35 PM
From: Tommaso  Read Replies (1) | Respond to of 110194
 
>>>We are fast nearing the point where Americans simply will not be able to visit Europe -- <<<

Since you cannot get at me to accidentally step on my toe, I will annoy you with my much-posted information that some years ago I bought some very large wads of Swiss Franc and Euro travelers checks. Last time I tried, one of my 200-euro cheques was cashed, no fee charged, at a branch of BNP on the Boulevard Haussmann. I did have to looked up the word for "to cash": it's encaisser.