+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Travel in Canada

  • PDF Icon

    Report

  • 45 Pages
  • September 2024
  • Region: Canada
  • Euromonitor International
  • ID: 63769
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.

The 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.

Product coverage: Booking, In-Destination Spending, Lodging (Destination), Tourism Flows, Travel Modes.

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.

Table of Contents

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 CANADAKEY 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 CANADAKEY 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
  • Table 29 Low Cost Carriers Brands by Key Performance Indicators 2024
  • Table 30 Full Service Carriers Brands by Key Performance Indicators 2024
  • Table 31 Forecast Airlines Sales: Value 2024-2029
  • Table 32 Forecast Airlines Online Sales: Value 2024-2029
LODGING (DESTINATION) IN CANADAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • New hotels continue to open despite operators facing mounting costs and staffing issues
  • Changes to immigration laws impacting short-term rentals and budget hotels
PROSPECTS AND OPPORTUNITIES
  • Restrictions on short-term rentals expected to boost demand for hotels and daily rates if expanded to other cities.
  • 2026 FIFA World Cup expected to boost occupancy and daily rates
CATEGORY DATA
  • Table 33 Lodging (Destination) Sales: Value 2019-2024
  • Table 34 Lodging (Destination) Online Sales: Value 2019-2024
  • Table 35 Hotels Sales: Value 2019-2024
  • Table 36 Hotels Online Sales: Value 2019-2024
  • Table 37 Other Lodging Sales: Value 2019-2024
  • Table 38 Other Lodging Online Sales: Value 2019-2024
  • Table 39 Lodging (Destination) Outlets: Units 2019-2024
  • Table 40 Lodging (Destination) Rooms: Number of Rooms 2019-2024
  • Table 41 Lodging (Destination) by Incoming vs Domestic: % Value 2019-2024
  • Table 42 Hotels NBO Company Shares: % Value 2019-2023
  • Table 43 Hotel Brands by Key Performance Indicators 2024
  • Table 44 Forecast Lodging (Destination) Sales: Value 2024-2029
  • Table 45 Forecast Lodging (Destination) Online Sales: Value 2024-2029
  • Table 46 Forecast Hotels Sales: Value 2024-2029
  • Table 47 Forecast Hotels Online Sales: Value 2024-2029
  • Table 48 Forecast Other Lodging Sales: Value 2024-2029
  • Table 49 Forecast Other Lodging Online Sales: Value 2024-2029
  • Table 50 Forecast Lodging (Destination) Outlets: Units 2024-2029
BOOKING IN CANADAKEY DATA FINDINGS
2024 DEVELOPMENTS
  • Bleisure is a new trend on the rise as the Swift effect boosts leisure bookings
  • Booking online continues to take share from booking offline as consumers look for convenience and value
PROSPECTS AND OPPORTUNITIES
  • Direct suppliers online set to continue expanding while new technologies are set to bring changes to the booking process
  • WestJet’s new UltraBasic flight option and the 2026 FIFA World Cup set to boost leisure air travel bookings over the forecast period
CATEGORY DATA
  • Table 51 Booking Sales: Value 2019-2024
  • Table 52 Business Travel Sales: Value 2019-2024
  • Table 53 Leisure Travel Sales: Value 2019-2024
  • Table 54 Travel Intermediaries NBO Company Shares: % Value 2019-2024
  • Table 55 Forecast Booking Sales: Value 2024-2029
  • Table 56 Forecast Business Travel Sales: Value 2024-2029
  • Table 57 Forecast Leisure Travel Sales: Value 2024-2029