From January to November 2023, Canadian residents returned from 8.9 million overseas trips, with Mexico, France, Dominican Republic, the United Kingdom, and Cuba as the top five destinations. The report identifies key trends shaping Canada’s tourism industry in the next one to three years, with domestic travel surpassing pre-COVID-19 levels and international travel improving compared to other countries.
Canada is a top destination for adventure tourism, with more travelers seeking adrenaline-pumping activities like hiking, skiing, and wildlife watching. The Tourism Outlook to 2030 projects total visitor spending, domestic overnight trips, and overnight trips from the US and key overseas markets. Cultural heritage is expected to strengthen the market, with international tourists spending $28.2 billion on their trips to Canada in 2019.
Extended, bucket-list trips are on the rise, with Canadians looking to take longer trips compared to the global average. All-inclusive travel is the number one travel trend, followed by multigenerational trips. In the first quarter of 2023, increased spending on passenger air transport (+4.6), food and beverage (+6.1), and accommodation (+4.4) was observed.
TravelSAVERS Canada advisors listed all-inclusive travel as the number one travel trend, followed by multigenerational trips. 41% of Canadians are keen to book international getaways in the next 12 months, ranking higher than the global average of 30%. In the first quarter of 2024, redefining value through experience, Gig tripping, main character energy, budget bougie foodies, and analog adventurers are expected to have the greatest impact on Canada’s travel and tourism industry.
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What is the tourism trend in Canada in 2024?
Canadians are planning to spend more on travel than last year, with 36% planning to do so. The report from American Express Travel® reveals that Canada ranks as the second highest market for anticipated average spend for leisure trips globally, with an average of $8, 824 for all leisure trips in 2024. Canadians are prioritizing spontaneous, bucket list, and once-in-a-lifetime vacations, according to Vanessa Crooker, VP of Brand, Partnerships and Lifestyle Benefits at American Express Canada. The report also highlights the continued desire for Canadians to prioritize unforgettable travel experiences, with 82 of them planning to spend more or the same on travel this year.
What is the trend in tourism in Canada?
Canadians took 319 million trips in 2023, a 11% increase from pre-pandemic 2018 and 2019. However, real tourism spending in Canada is still lagging due to surging inflation and a lack of foreign demand. The price of spending on tourism in Canada was 19 above pre-pandemic 2019 levels in 2023, and tourists are getting less for their travel dollars. Additionally, there was a significant gap in the number of trips taken to Canada from foreigners in Q4 2023, with 12 fewer trips taken compared to before the pandemic.
Demand is especially weak for visitors from East Asia, with travel spending from China, Japan, and South Korea down by 30 to 50 compared to 2019. However, higher spending by visitors from India, Mexico, and the U. S. made up for the shortfall.
What is the trend in tourism in 2024?
Travel is expected to recover after a 75% drop in 2020, with domestic travel expected to grow by 3% annually and reach 19 billion lodging nights by 2030. International travel is expected to reach its historical average of nine billion nights. Spending on travel is expected to follow a similar trajectory, with an estimated $8. 6 trillion in traveler outlays in 2024, representing about 9% of this year’s global GDP. The report divides the world into four regions: Americas, Asia, Europe, and the Middle East and Africa. It identifies three major themes for industry stakeholders to consider:
- Increased international travel.
- Increased domestic travel.\n3
In conclusion, travel is a crucial industry for economic growth and innovation.
Is tourism big in Canada?
Canada’s tourism industry is significant due to its geographical variety and the country’s large cities, such as Toronto, Montreal, Quebec City, Vancouver, Niagara Falls, Vancouver Island, Canadian Rockies, Okanagan Valley, Churchill, Manitoba, and Ottawa-Gatineau. In 2019, over 22 million tourists arrived, bringing over $21 billion in international tourism receipts to the economy. Domestic and international tourism contribute to 1 of Canada’s total GDP and support 309, 000 jobs. Most visitors in 2015 came from countries of residence. The country’s large cities, cultural diversity, national parks, and historic sites attract tourists from around the world.
Why is Canada famous for tourism?
Canada offers a variety of natural wonders, including Gros Morne National Park and Niagara Falls. Niagara Falls, located between Canada and the United States, attracts millions of visitors annually. Visitors can enjoy boat tours and scenic viewpoints, with the best time to visit between May and September. Gros Morne National Park, a UNESCO World Heritage Site in Newfoundland and Labrador, is known for its stunning fjords, coastal cliffs, and unique geological formations. The fall months offer a stunning display of colors in the park.
Is tourism in Canada growing?
Tourism GDP continued to grow in 2023, with an annual increase of 9. 5 and a 2. 5 percent increase from the third to the fourth quarter. The growth was primarily driven by air transportation, accommodation, arts and entertainment, with transportation accounting for nearly half of the increase. The air transportation industry’s GDP rose 28. 9 overall.
What are the 5 sectors of tourism in Canada?
The tourism sector in Canada comprises five industries: accommodation, food and beverage services, recreation and entertainment, transportation, and travel services. This sector is an important part of the economy, employing diverse Saskatchewan citizens in various communities, including restaurants and museums. Tourism influences virtually all areas of business, and profiles of real people working in tourism can be found in Advice and Insights.
What is the #1 tourist attraction in Canada?
Niagara Falls, Canada’s most famous natural attraction, attracts millions of visitors annually. Located just an hour’s drive from Toronto, the massive falls drop approximately 57 meters and offer stunning views from the top. The Niagara Gorge and falls have been attracting tourists and daredevils for over a century. Between the mid-19th and mid-20th centuries, homemade boats and barrels were used to plunge over the falls, leading to a carnival-like atmosphere in the town. Families can enjoy a walk down Clifton Hill, leading to the gorge and falls.
What is the current trend in tourism?
The demand for unique, immersive experiences in tourism is on the rise, with travelers increasingly seeking activities that deep dive into local cultures, cuisines, and traditions. Tourism trends reflect evolving patterns and preferences in travel, influenced by factors such as technological advancements, socio-economic shifts, and changing consumer behaviors. These trends can range from eco-friendly and sustainable travel to experiential and personalized vacations.
Hotel owners must stay competitive by adapting to these trends to stay competitive and meet evolving guest expectations. This allows them to position themselves strategically in a crowded market, highlight unique selling points, and enhance brand differentiation. For example, eco-friendly practices can attract environmentally conscious travelers, while innovative offerings like local culinary experiences or wellness retreats can make a hotel more memorable and likely to be recommended.
What are the current trends in niche tourism?
The niche tourism sector is experiencing significant growth due to rising disposable income in emerging economies in Asia-Pacific (APAC), particularly in densely populated countries. This is attributed to the growing middle class and better-educated population, which is seeking wholesome, immersive, and fulfilling touristic experiences. The experience economy also plays a significant role, with many travel products now commoditized due to the online travel boom and price comparison sites. This trend is expected to continue in the coming years.
What is the most visited in Canada?
Canada, also known as the ‘Great White North’, is the second largest country in the world, known for its cold winters, expansive natural landscapes, diverse culture, and delicious poutine. With a large team of local private guides, visitors can explore the country’s beauty from Niagara Falls and the Rocky Mountains to urban centers and the Arctic tundra. Popular cities include Toronto, Montreal, Vancouver, and Ottawa.
The country also hosts picturesque towns and villages, perfect stops for classic North American road trips. Winter sports enthusiasts are drawn to the country’s skiing and snowboarding locations, while nature lovers enjoy hiking and camping during the summer months.
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