Some Manitobans paying more for hot holidays thanks to low Canadian dollar
Travellers planning shorter trips due to difference between loonie and U.S. dollar
If you're looking to go on a holiday south of the border this winter and still haven't booked your tickets, be prepared to pay more.
The drop in the price of the loonie against the American dollar has resulted in noticeable differences in pricing for popular destinations, leading some to change their plans or their destinations altogether.
"A lot of these contracts are done in advance, negotiated in U.S. dollars, so there has a been a little bit of a hit for sure," said Carey Duncan, owner of Travel Quest in Portage la Prairie. "We've seen some [customers] where they say maybe we'll do a shorter trip this time and do something later on."
Liz Kulyk, a spokesperson for CAA Travel, says that some vendors are lowering their costs to make the prices more attractive.
"They [vendors] recognize that a 35 per cent change in the dollar would prohibit a lot of people from being able to go on that trip," she said. "We are seeing some adjustment in the prices."
Duncan said that while prices overall are up year-over-year, she's also seen increased service charges and fees.
Travel vendors add booking incentives to make up for low dollar
Philip Houde owns River East Travel in Winnipeg. He says many vendors that sell trips to agents are throwing in incentives as a way to get Canadians to book their trips.
"Some of the cruise lines have come out with programs for Canadians," he said. "25% off for Canadians, two for one deals. Travel vendors are trying to find ways to find ways of making it more attractive for Canadians."
The incentives, in most cases according to Houde, can completely offset the extra costs associated with the low dollar.
Despite the deals, Houde said demand for U.S. destinations is down compared to previous years, while other destinations like Mexico, Cuba and the Dominican Republic are still popular.
CAA: Low dollar impacts road-trippers
Meanwhile over at CAA Travel, it's the road-trippers and snowbirds heading south of the border who are feeling the low dollar the most.
"A lot of people are putting off those road trips," Kulyk told CBC on Monday. She added those who chose to go anyway are cutting their stays back by a month or two to make up for the difference.
She added that the dollar has definitely had a greater impact on those travelling by car, as opposed to those going by plane.