Tag: canadian dollar

    7 Ways To Escape The Everyday In Niagara Falls

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    From the Chicagoist:

    Niagara Falls is the meeting point of the Canadian and American borders, where two countries collide in the form of a spectacular natural wonder. Almost as spectacular as the thundering water is the excitement, food, and adventure found on the Canadian side of the line.

    A trip to Niagara Falls is more than a simple weekend getaway; it’s a way to escape the ordinary and discover Canada’s wild side at its finest. Experience the wonderment of the Falls while embarking on a culinary journey, take a thrilling zipline ride across the river, or simply stand on the Canadian side of the border and wave across the Falls at your American friends while enjoying that sweet, low Canadian dollar.

    Boom time for Niagara’s crucial tourism industry

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    From Niagara This Week:

    The region’s crucial tourism industry is salivating at what officials are confident will be a massive year after years of struggles.

    At the kickoff of Tourism Week at the Ontario Travel Information Centre next to the QEW in St. Catharines on Tuesday, optimism for a boon year for tourism practically oozed from the crowded centre.

    The terrorist attacks of 9-11 that rocked tourism way back in 2001, the deadly SARS outbreak in Toronto in 2003 that kept visitors away, the Canadian dollar soaring to be at par with the U.S. greenback and a new policy in the U.S. requiring Americans to obtain passports to get back across the border hit Niagara’s tourism industry with a series of devastating blows.

    “There were so many challenges at the border at one time that we were saying the only thing that hasn’t happened is the (plague of) locusts,” said Niagara Falls Jim Diodati.

    CLOSEUP: Banner year for Canadian operators

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    From the Niagara Falls Review:

    Let the good times roll.

    The lower Canadian dollar is encouraging more Americans to visit and more Canadians to stay at home.

    At Fallsview Casino in Niagara Falls, business has been “solid since the spring of last year” and they have continued to experience measurable growth in the summer and fall of 2015.

    “January is following the same trend,” said director of communications Greg Medulun.

    The favourable exchange rate and lower fuel costs, he added, is “definitely encouraging more Americans to visit.

    “It also deters Canadians from crossing the border – an important factor for us when considering the significantly larger size of the Canadian market relative to the U.S. market.”

    Medulun said they have a “great” product and “excellent” service standards, which puts them in a good position to make the most of the favourable economic factors they are experiencing.

    Still, it’s been a bumpy 15-year ride for U.S. and international tourism to Niagara.

    It’s also a sector vital to the region’s health.

    Visitors flocking to Niagara Falls

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    This is an old article, but the flow of visitors certainly seemed to continue through the whole summer.

    From the Niagara Falls Review:

    Niagara’s two casinos are cashing in thanks to a weaker Canadian dollar and more Americans crossing the border.

    “Business was solid April through June,” said Greg Medulun, director of communications for Fallsview Casino Resort. “The casinos have experienced favourable conditions including a weaker loony that has translated into a spike in business.”

    In addition, he adds, fewer Canadians have been crossing the border, while more Americans have been coming our way.

    Phil’s Blog: The Hotels I stayed in Page III

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    Someone with a Blogger blog has posted about some hotels he’s stayed in, including several in Niagara Falls:

    In 1994, my Grandfather decided to stay on the Canadian Side for a weekend excursion the the USA because of the Canadian Dollare was falling. There are two Days inn hotels in Niagara Falls, This hotel is located on Victoria Ave. The hotel room was across the hall from the elevator and it featured floor to ceiling windows. During this trip I went to Smokin Joes to get gas, and shopping on Military Road.

    Bad news for tourism

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    From the Niagara Falls Review:

    American pastures are looking a lot greener for Canadian shoppers after the loonie opened trading Wednesday at par with the U.S. dollar.

    While parity may be nothing more than a psychological milestone, the northward march of the Canadian dollar against the greenback could see more people and jobs heading south.

    And that’s bad news for the hospitality industry — the city’s economic backbone.

    Canadians Love Deals in WNY

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    From WKBW Channel 7 in Buffalo:

    If you’re anywhere near a local mall these days there’s good chance you’ll spot even more Canadian license plates than usual. That’s because the Canadian dollar has grown stronger and now goes further at U.S. Stores.

    Better selection and lower taxes on this side of the border have long drawn Canadians. “We’re saving a lot more because the taxes are lower,” says Marianne Bolonga of Niagara Falls, Ontario who was shopping with a friend on Wednesday at the Fashion Outlets of Niagara Falls, NY.

    “Pretty much you can’t get the brands back in Canada so just better to come over here I guess,” says Blair Fontana, a Canadian shopping for clothes at the Fashion Outlets.

    Niagara Falls hotel rates fell 5% in 2009

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    From the Niagara Falls Review:

    A Niagara Falls vacation was a little cheaper in 2009 than it was the year before as hotel room rates dropped last year by about 5%, according to Hotels.ca,a hotel reservation agency that tracks prices across Canada.

    Lower room rates is a trend that should continue this summer as the hotel industry tries to recover from the recession, the effect of the high Canadian dollar and lingering confusion among Americans about travel documentation they need to have to return to their own country, said Wayne Thomson, chairman of Niagara Falls Tourism and a city councillor.

    “If anybody ever thought of coming to Niagara Falls, it’s the best bargain it has ever been,” Thomson said, reacting to the Hotels.careport.

    Hotels set their overnight room rates based on supply and demand. When it’s busy, rates go up. But when things are slow, rates go down.

    Cheerleaders head over heels in Niagara Falls

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    From the Niagara Falls Review:

    Passports, the economy and cheerleading might not seem to have a lot in common, but they do.

    Just ask Nick Nero, organizer of the 26th annual Festival of Lights Cheerleading Championship competition held in Niagara Falls on the weekend.

    Teams from the United States, which in past years have brought a lot of business into the honeymoon capital, are staying home.

    That’s because many Americans still don’t have passports so they are staying on their side of the border.

    “We are down about 40 per cent all because of passports and the economy in the United States,” said Nero. “We just have to bit the bullet this year and hopefully things will pick up again.”

    The three-day event, which began on Friday at the Niagara Falls Memorial Arena, is always well attended by teams from the United States, but that trend has been changing. And, with the American and Canadian dollar being so close in value, there is less incentive for Americans to spend there money here, where they once enjoyed a 20 or 30 per cent exchange rate.

    “We are just like any other business in Niagara Falls. Everyone is feeling the pinch right now. At one time we were able to book a thousand or 1,200 hotel rooms, but right now it’s probably around five or six hundred,” said Nero.

    Timing is everything

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    From the Toronto Sun:

    Explore your own backyard

    Tourist towns near the border with the U.S. have suffered a triple whammy in recent years. The recession, new passport rules and a strong Canadian dollar have kept Americans at home.

    According to statistics from Ontario Tourism, from January to June 2009 the number of American visitors to Ontario fell 7.9% compared with the same period in 2008.

    Some of the losses have been offset by an increase in Canadian visitors cashing in on deals for hotels, dining and attractions in places hard hit by the downturn such as Niagara Falls.

    Many of us think of the Falls as a summer getaway but there are enough year-round attractions to make it a fun long weekend for families, couples or friends.

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