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China, Canada retaliate against US tariffs // Constellation Eyeing Exit from Wine Business

March 4, 2025 - Wine Industry Insight Daily News Feed

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“Since May 2021, a normalized consumer pattern has emerged and shows a bottom-forming trend, though the trend still indicates slightly negative visitation…European hotel stays and TSA travel data showed ample evidence of heavy travel to Europe during 2022, supporting my theory that declining tasting room visitation was temporary. However, that pattern continued in 2023 and 2024. While revenge travel may have been an accurate cause of visitation declines in 2022 and 2023, the continuing trend indicates that other causes may also be at work.”

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