Canada Source Tourism Insight Report including International Departures, Domestic Trips, Key Destinations, Trends, Tourist Profiles, Analysis of Consumer Survey Responses, Spend Analysis, Risks and Future Opportunities, 2022 Update

GlobalData's Canada Source Tourism Insight Report including International Departures, Domestic Trips, Key Destinations, Trends, Tourist Profiles, Analysis of Consumer Survey Responses, Spend Analysis, Risks and Future Opportunities, 2022 Update report provides a thorough insight into Canada's domestic and outbound tourism market. The report looks at the profiles of Canadian tourists and summarizes the key reasons that they travel. The report offers an in-depth analysis of traveler flows, spending patterns, main destination markets and current and future opportunities for tourism businesses seeking to tap into the Canadian outbound travel market.

Key Highlights

• Canada, like the rest of the world, saw a major impact on the travel sector as a result of COVID-19. There was a Year-on-Year (YoY) decrease of -61.64% in outbound travel between 2020 and 2021, and a YoY growth of 49.89% for domestic trips. This further decrease in outbound Canadian tourism is indicative that larger recovery from COVID-19 is not yet happening. Going forward, outbound travel is set to reach xx million trips which will exceed pre-pandemic levels by 2024, according to GlobalData forecasts. In 2021, the top international destinations for Canada were Italy, Croatia, Germany, Greece, and Slovakia.
• According to GlobalData's Q3 2021 Consumer Survey, Canadian travelers typically enjoy VFR travel (47%), sun and beach holidays (44%), and city breaks (xx%). In 2020, domestic tourists declined by xx% YoY from xx million in 2019 to xx million in 2020 as COVID-19 brought about national lockdowns and stay at home orders and this figure increased by xx% YoY to xx million in 2021. In 2019, total outbound expenditure reached $xx billion. As COVID-19 limited international travel, total outbound tourism expenditure declined xx% YoY to $xx billion in 2020 and fell further by xx% YoY to $xx billion in 2021. Total outbound expenditure is projected to reach xx billion by 2024, according to GlobalData forecasts.

Scope

• This report is part of GlobalData's Source Market Insights Series. This report provides an in-depth analysis of traveler flows, spending patterns, main destination markets, as well as current and future opportunities for tourism businesses seeking to tap into the Canadian outbound travel market.

Reasons to Buy

• This report provides clear insight into developments in Canada's domestic and outbound tourism markets. The report uses data and analysis to discuss future trends related to domestic trips, international departures, traveler spending, and main destination markets.
• The report explores the different profiles of Canadian tourists and the reasons that they travel, hence providing an insight into the trends in different segments of the market. The reader gains a strong understanding of the opportunities in the country, as well as the risks, to support better business decisions.
• This report examines the impact of COVID-19 on Canadian outbound and domestic tourism.