Monthly Archives: August 2011

NOT OUT OF THE WOODS YET!

As always, the world’s tourism outbound travel market is in a fine balancing act.  In Europe and the US, fragile consumer confidence is marred by economic uncertainty as residents watch frantic efforts by politicians to create stability in the midst of crisis.  But in the Asia Pacific, outbound tourism is flourishing – even Japan is seeing a modest uptick in outbound travel.    In Canada, Canadians are still travelling, but will that hold up with the recent drop in the value of the Loonie? Continue reading …