It's about time and it's an amazingly exciting time for Canadian tourists to flex their spending muscles due to the favorable currency exchange rates. Most of us involved in the vacation ownership and timeshare business remember how many times we explained our programs to Canadian tourists and heard about how much more they would pay to purchase our products because of the the exchange rates.
Tables have turned and the currency exchange rate between the Canadian dollar and US dollar has been at par or near par and more sales of vacation ownership and timeshare are being made to Canadians, especially those visiting Las Vegas in recent months. The deals are happening, especially as we're getting closer to the time of the year when Canadians are ready to head south for the winter. In all my years in real estate, I've met so many Canadian tourists who concentrate their business efforts on being able to have the money and the ability to make the arrangements for extended stays in warmer climates during the winter months.
The measurable differences in sales of vacation ownership and timeshare to Canadian tourists due to the currency exchange rate changes has been absolutely amazing. In fact, most salespeople are excited to meet the Canadian tourists knowing that there's a better chance to make a sale since the clients have a financial incentive. In addition to the currency exchange rates, the Canadian tourists we meet in Las Vegas seem to be demanding flexible ownership programs and lots of variety and choices for travel destinations over an extended period of time. We seem to have more Canadian tourists who drive vehicles from Canada into the USA so that they have transportation and can enjoy more experiences and multiple locations while away from Canada.
In fact, some of the most sought after vacation ownership programs have been those with locations in many of the warmer US climates and the ability for the vacation owner to fill in other travel dates along the way or on the way home with discounts at hotels in cities where vacation ownership properties are not available. Vacation ownership sales definitely up in Las Vegas, California, Arizona, and Florida especially due to one of the best exchange rates in years.
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