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Tourism Ready for Its Comeback: Prince Edward Island’s Travel Markets Outlook to 2026 The Conference Board of Canada, 11 pages, May 17, 2022 Issue Briefing

Tourism Ready for Its Comeback: Prince Edward Island’s Travel Markets Outlook to 2026

The Conference Board of Canada, 11 pages, May 17, 2022
Issue Briefing

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This report contains a review of and outlook for tourism activity in Newfoundland and Labrador, assessing the impact of COVID-19 and the public health restrictions on tourism. It examines domestic, U.S., and overseas activity. Document Highlights Last year saw a decent—though somewhat limited—rebound from the record low of 2020, thanks to the PEI Pass, which allowed for non-essential travel without the need for isolation. The tourism comeback will truly kick off this summer in Prince Edward Island, as all restrictions related to the pandemic have been removed. The return of cruise ships to Port Charlottetown will allow visitors to enjoy the luxurious beaches, fine dining, and prestigious golf courses that P.E.I. has on offer. Total visits to the province are forecast to increase by 33 per cent this year and an additional 13 per cent next year. There are significant risks to the outlook, however, especially with high inflation, scarce labour, and the possibility of future COVID-19 variants leading to more shutdowns (though we do not include such shutdowns in our forecast). Table of Contents Key Findings Prince Edward Island Snapshot Overview Domestic Activity United States and Overseas Overall Performance Methodology

This report contains a review of and outlook for tourism activity in Newfoundland and Labrador, assessing the impact of COVID-19 and the public health restrictions on tourism. It examines domestic, U.S., and overseas activity.

Document Highlights

Last year saw a decent—though somewhat limited—rebound from the record low of 2020, thanks to the PEI Pass, which allowed for non-essential travel without the need for isolation.
The tourism comeback will truly kick off this summer in Prince Edward Island, as all restrictions related to the pandemic have been removed.
The return of cruise ships to Port Charlottetown will allow visitors to enjoy the luxurious beaches, fine dining, and prestigious golf courses that P.E.I. has on offer.
Total visits to the province are forecast to increase by 33 per cent this year and an additional 13 per cent next year.
There are significant risks to the outlook, however, especially with high inflation, scarce labour, and the possibility of future COVID-19 variants leading to more shutdowns (though we do not include such shutdowns in our forecast).

Key Findings
Prince Edward Island Snapshot
Overview
Domestic Activity
United States and Overseas
Overall Performance
Methodology

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