Travel Markets Outlook: Metropolitan Focus, Autumn 2015
The Conference Board of Canada, 16 pages
December 7, 2015
Travel Markets Outlook, Metropolitan Focus offers an in-depth analysis and forecast for the tourism industry in Canada and nine major metropolitan areas. The companion publication, National Focus, analyzes and provides a forecast for provincial tourism, with a special focus on five key international travel markets.
- Overnight visits to Halifax are projected to increase 2.6 per cent and tourism spending 3.3 per cent this year, while going forward, tourism activity will get a boost from new air connections and large-scale projects such as the Nova Centre.
- International arrivals are again poised to post solid gains for Montréal this year, with overnight visits from the U.S. projected to increase 8.2 per cent and visits from overseas 5.1 per cent.
- Overnight visits to Toronto are expected to increase 4.3 per cent in 2015, led by a 7.7 per cent increase in overseas visits.
- Economic activity in Calgary was affected by the dramatic decline in oil prices, business travel to the city is expected to decline 7.3 per cent in 2015.
- Edmonton is expected to take a significant hit to domestic business travel prospects this year due to the decline in oil prices, but the outlook improves longer term as new attractions and large events pull in more visitors.
- Business travel is expected to perform well for Vancouver this year, and domestic pleasure visits received a boost as the city hosted both FIFA Women’s World Cup soccer matches and the gold medal game.
Table of Contents
- United States
- Travel Prices
- Québec City