Inflation, strong U.S. dollar will weigh on snowbirds' plans, experts say

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Snowbird Advisor president Stephen Fine says some snowbirds are opting for a shorter travel period or eyeing different destinations.

He also said that snowbirds may opt for more cost-effective destinations outside of the U.S., including Mexico, Costa Rica and Belize and do a four-month stay rather than the typical six.

However, not all experts agree as the Canadian Snowbird Association director of research and communications, Evan Rachkovsky said that he expects a near-full post-pandemic recovery in the number of snowbirds who travel south this winter. While domestic flights remain strong, there has been a slight decline in the number of Canadian flights to the U.S. that is expected to continue this season, in part, due to the strong U.S. dollar, said Helane Becker, an analyst for banking firm Cowen.

 

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