Canada Travel And Tourism Market Trends

Statistics for the 2023 & 2024 Canada Travel And Tourism market trends, created by Mordor Intelligence™ Industry Reports. Canada Travel And Tourism trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Canada Travel And Tourism Industry

Increasing Interest in Multi-Day Tours is Driving the Market

The segment growth is projected to be complemented by the consumer adoption of multi-day, low-cost travel trends across Canada. For example, A brand-new travel search and booking platform called Elude debuted its mobile app in August 2021. The organization seeks to match open-minded tourists with experiences that fit both their budget and their interests. A company representative said that an Android app, as well as web booking at Elude. Co will be made available soon. The iOS version of the Elude app may be downloaded from the Apple App Store. Una Travel, the new software from startup company XOKind, created collaborative itineraries for both individuals and groups that were mostly based on preferences.

Canada Travel And Tourism Market: Revenue of Travel and Tourism, in Canada, In Billion USD 2019-2022

Cultural Heritage is Expected to Strengthen the Market

The number of foreign visitors coming to Canada in 2021 decreased dramatically, according to Statista. Around 4.28 million foreign visitors visited Canada in the same year, a 15.5% decrease from the year before. With 22.1 million visitors, 2019 was considered to be the finest year for Canadian tourism, surpassing the 22 million mark for the first time, according to Statistics Canada. In contrast to 2019, when there were 6.7 million overnight arrivals from nations other than the United States, there was an all-time high of 7.15 million in 2018. But there's scope to strengthen the market in the upcoming future.

Canada Travel And Tourism Market: Revenue of Travel and Tourism, By Type, In Canada, In Billion USD, 2021-2022

Canada Travel and Tourism Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)