Travel Markets Outlook: National Focus, Autumn 2015
The Conference Board of Canada, 18 pages
December 7, 2015
This report provides a forecast of tourism activity in Canada, the provinces, and Yukon, with a special focus on the outlook for domestic, U.S., and key overseas travel markets as well as travel prices. Its companion publication, the Metropolitan Focus: Tourism Insights for Select Metropolitan Areas, provides a forecast of tourism activity in nine Canadian cities.
- Overnight visits to and within Canada are expected to increase by 2.8 per cent this year, thanks largely to lower gas prices and a weaker Canadian dollar.
- Thanks to the strengthening U.S. economy and a more favourable exchange rate, overnight travel from the U.S. is forecast to increase 7.0 per cent,
- Overseas arrivals are projected to continue to increase at 5.3 per cent pace this year.
- British Columbia has been leading the growth among Canada’s provinces, growing disposable incomes and high levels of consumer confidence are boosting overnight visits, which are projected to increase 4.1 per cent this year.
- Quebec is one of the provinces expected to benefit the most from the strengthening U.S. economy, with overnight visits from the U.S. projected to increase 8.0 per cent in 2015.
- Manitoba’s economy is expected to make solid progress this year; over the longer term, the aviation fuel tax rebate should encourage airlines to boost direct air capacity between Manitoba and more overseas destinations.
- Overnight visits to Yukon are projected to increase 4.2 per cent in 2015, with the strongest growth expected from the U.S. market
Table of Contents
- United States
- Travel Prices
- Newfoundland and Labrador
- Prince Edward Island
- Nova Scotia
- New Brunswick
- British Columbia