- The chief financial officer at Airbnb stated that there has been a decrease in bookings for accommodations within the U.S. from foreign travelers compared to previous periods this year and last year.
- Airbnb Chief Financial Officer Ellie Mertz mentioned that Canadians, specifically, are reducing their travels to the United States.
- She mentioned during an earnings call that Canadians are now opting to visit Mexico, France, Brazil, and Japan instead.
The number of foreign guests renting Airbnbs in the U.S. has dropped compared to last year and even earlier this year, as noted by Airbnb’s Chief Financial Officer, who mentioned that Canadians are “traveling significantly less.”
During Airbnb’s first-quarter earnings call on Thursday, CFO Ellie Mertz stated that bookings from international tourists in the U.S. had decreased, attributing this decline to “economic instability.”
She stated during the conference call that we’ve definitely noticed a decrease in the number of international tourists visiting the U.S.
“They are opting for a different destination instead of coming to the U.S. as they might have done in previous years,” she said.
Nights booked by
Canadian guests to Mexico
rose by 27% from March 2024 to March 2025, as reported by Airbnb’s data.
letter to shareholders
about first-quarter earnings.
This week during their earnings calls, executives from Hilton as well as Booking Holdings, the parent company of sites like Booking.com, Priceline.com, and Kayak, stated that
People from Canada traveling to the U.S.
had highlighted Mexico as an area seeing an increase in Canadian tourists visiting the country.
During the Airbnb earnings call, Merritz mentioned that Canadians are increasingly opting for domestic travel. She also stated they
visit Mexico
, Brazil, France, and Japan.
“At this point, it’s not that individuals aren’t interested in traveling; rather, they are opting for alternative locations,” Mertz stated.
Canadians have shown discontent with President Donald Trump’s tariffs and his comments suggesting the annexation of their country as an additional U.S. state. Some have
avoided traveling to the US
.
Mertz also said that even if Canadians and other international travelers are
selecting locations beyond the US
Approximately 3 percent of Airbnb’s clientele consists of international visitors traveling to the United States.
She mentioned that the majority of Airbnb bookings in the US are made by local travelers, with just a “small single-digit percentage” of reservations worldwide coming from tourists traveling internationally to the US.
Airbnb’s shares ended the day on Friday approximately 1% higher following the release of their earnings report, which was largely consistent with market forecasts.
Airbnb CEO Brian Chesky informed investors and analysts during the earnings call that he thinks the booking platform has proven resilient through previous times of economic strain since it provides travelers with choices at budget-friendly prices.
In 2008, amidst the Great Recession, we launched Airbnb. Travelers sought out our platform for cost-effective trips, and hosts began listing with us to supplement their incomes. In 2020, when the pandemic struck, we offered solutions for nearby getaways,” he stated. “Currently, uncertainty looms once more. Yet, similar to what we’ve demonstrated before, as circumstances evolve, Airbnb remains committed to adapting accordingly.
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