News & Articles - tourism recovery

  • Business Travel Recovery Outlook Positive

      Leisure travel comprised the main driver of travel over the past two years, hitting pre-pandemic levels in 2022 with $72.4 billion in revenue, according Destination Canada. Corporate travel is finally starting to pick up too — a critical factor in filling hotels, restaurants and conference centres outside of peak months in the summer and winter holidays. Total spending by business travellers will recover to $14.4 billion in 2024, reaching 102 per cent of 2019 levels, but will still lag…

    Corporate Travel & Incentives, Uncategorized

  • TIAC Applauds Federal Tourism Strategy

      The Tourism Industry Association of Canada (TIAC) applauds the Government of Canada for taking decisive action to support the recovery and long-term growth of Canada’s tourism industry with the unveiling of the new Federal Tourism Growth Strategy. The strategy, titled Canada 365: Welcoming the World. Every day., aims to build back this once $105 billion industry and solidify Canada’s position as a top global destination. Informed by extensive consultations with various stakeholders, including tourism businesses, industry associations, Indigenous organizations, and…

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  • Canada Tourism Recovery Expected by 2024

      Full recovery for Canada’s tourism industry is expected as early as 2024, according to Destination Canada’s latest outlook forecast. Despite ongoing challenges, the recovery trajectory for Canada’s tourism sector is strengthening, bolstered by the lifting of COVID-19 restrictions and resilience in travel demand. Leisure travel is now expected to recover to 2019 levels by 2024. Domestic tourism will continue to lead the sector’s recovery with strong spending providing a foundation for brisk recovery to 2019 levels. Domestic travel market spending is…

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