Canada’s travel industry continues to see robust growth in 2024 with sales, inbound arrivals and outbound departures all set to exceed pre-pandemic levels. Despite this, a challenging economic environment and high inflation, has resulted in travel seeing slower growth in 2024 compared to 2023 both in value and volume terms. Leisure travel continues to recover at a faster pace than business travel with many businesses still looking to make cost savings due to financial pressures, with many switch...
Euromonitor International's Travel in Canada report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data 2019-2023, allowing you to identify the sectors driving growth. It identifies the leading companies and offers strategic analysis of key factors influencing the market - be they new legislative, technology or pricing issues. Background information on disposable income, annual leave and holiday taking habits is also included. Forecasts to 2028 illustrate how the market is set to change.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Travel market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Travel in Canada
Euromonitor International
September 2024
List Of Contents And Tables
TRAVEL IN CANADA
EXECUTIVE SUMMARY
Travel in 2024
Airlines: Key trends
Hotels: Key trends
Booking: Key trends
What is next for Travel?
MARKET DATA
Table 1 Surface Travel Modes Sales: Value 2019-2024
Table 2 Surface Travel Modes Online Sales: Value 2019-2024
Table 3 Forecast Surface Travel Modes Sales: Value 2024-2029
Table 4 Forecast Surface Travel Modes Online Sales: Value 2024-2029
Table 5 In-Destination Spending: Value 2019-2024
Table 6 Forecast In-Destination Spending: Value 2024-2029
DISCLAIMER
SOURCES
Summary 1 Research Sources
TOURISM FLOWS IN CANADA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Domestic travel remains the most popular option
Arrivals from China seeing strong growth despite group travel ban
PROSPECTS AND OPPORTUNITIES
The future of domestic tourism looks bright as Canada invests in improvements to its transport infrastructure
New government funding should improve airport capacity while inbound arrivals set to be swelled by large numbers of Chinese and Indian visitors
CATEGORY DATA
Table 7 Inbound Arrivals: Number of Trips 2019-2024
Table 8 Inbound Arrivals by Country: Number of Trips 2019-2024
Table 9 Inbound City Arrivals 2019-2024
Table 10 Inbound Tourism Spending: Value 2019-2024
Table 11 Forecast Inbound Arrivals: Number of Trips 2024-2029
Table 12 Forecast Inbound Arrivals by Country: Number of Trips 2024-2029
Table 13 Forecast Inbound Tourism Spending: Value 2024-2029
Table 14 Domestic Tourism by Destination: Number of Trips 2019-2024
Table 15 Domestic Spending: Value 2019-2024
Table 16 Forecast Domestic Tourism by Destination: Number of Trips 2024-2029
Table 17 Forecast Domestic Spending: Value 2024-2029
Table 18 Outbound Departures: Number of Trips 2019-2024
Table 19 Outbound Departures by Destination: Number of Trips 2019-2024
Table 20 Outbound Tourism Spending: Value 2019-2024
Table 21 Forecast Outbound Departures: Number of Trips 2024-2029
Table 22 Forecast Outbound Departures by Destination: Number of Trips 2024-2029
Table 23 Forecast Outbound Spending: Value 2024-2029
AIRLINES IN CANADA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Air Canada and WestJet cement their dominance as smaller airlines struggle with rising costs and a challenging regulatory environment
Labour force shortages and high operational costs reducing Airlines profitability.
PROSPECTS AND OPPORTUNITIES
Sustainable initiatives set to shape the future of airlines while a shortage of pilots and economic pressures are a more immediate concern
Efforts to improve coordination between key partners in air transportation should improve the customer experience
CATEGORY DATA
Table 24 Airlines Sales: Value 2019-2024
Table 25 Airlines Online Sales: Value 2019-2024
Table 26 Airlines: Passengers Carried 2019-2024
Table 27 Airlines NBO Company Shares: % Value 2019-2023
Table 28 Non-Scheduled Carriers Brands by Key Performance Indicators 2024