Travelzest Plc: Canadian Travel Habits Changing in Record Numbers Due Strong Canadian Dollar
Not only are Canadians benefiting from the fact that their dollar will go further in the US, but they are also able to save big money on accommodation due to lower costs.
With the rising value of the Canadian Dollar, Canadians are rushing for the planes and that’s great news for companies like, itravel2000™.com, a Travelzest company (AIM: TVZ).
“We’ve noticed a surge in our air and hotel bookings to the US. Our cross border sales are soaring right now and we are pleasantly surprised.”
Not only are Canadians benefiting from the fact that their dollar will go further in the US, but they are also able to save big money on accommodation due to lower costs. Americans are still not travelling like they did before the financial crisis, so there are fewer Americans staying in American hotels. Consequently, hotels are suffering and are thus, reducing their rates. All this combined creates an advantageous market for Canadians travelling to the United States.
“Canadians are getting a travel ‘double-double”, says President of itravel2000 and CEO of Travelzest Plc, Jonathan Carroll. He adds, “We’ve noticed a surge in our air and hotel bookings to the US. Our cross border sales are soaring right now and we are pleasantly surprised.”
The same is true in Europe where many economies are soft and hotel operators are trying to attract customers. itravel2000™.com’s spring bookings to destinations in Europe are also very strong with some key markets showing spectacular growth.
