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Travel and Tourism in Canada to 2020 Industry Key Trends, Size, Growth, Shares And Forecast Research Report

Travel and Tourism in Canada to 2020 Industry Key Trends, Size,

Researchmoz added Most up-to-date research on "Travel and Tourism in Canada to 2020" to its huge collection of research reports.

Americans flocked to Canada for tourism in 2015, reaping the benefits of the weaker Canadian dollar, and this trend is expected to continue in 2016. International arrivals increased by 6.3% in 2015. As Canada is an oil exporting nation, the fall in oil prices globally is hurting its economy and adversely impacted domestic and outbound tourism in 2015.

Key Findings
Canadas inbound tourism market registered strong growth in 2015 while outbound tourism contracted. Inbound trips increased by 6.3% in 2015, totaling 18.2 million, while international departures declined by -2.5%. This can be attributed to a weak Canadian dollar, which made travel to Canada cheaper for Americans. At the same time, international travel for Canadians became costlier, which adversely impacted outbound travel. This effect is largely seen in the US, which is the biggest source and destination market for Canada. International arrivals from the US increased by 7% in 2015, while departures to the US fell by -3%. With outbound becoming costlier, domestic tourism is expected to benefit over the coming years. Domestic trips are projected to grow at a CAGR of 4.3% over 20152020 to reach 142.8 million by 2020. International departures are expected to grow from 32.6 million in 2015 to 38.5 million in 2020, while inbound trips are expected to grow at an average annual rate of 4.7% reaching 23 million by 2020. Canadas relaxed visa rules in recent years will continue to support the growth

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The LCC airlines market in Canada is expanding with new players entering. Four new airlines NewLeaf Travel, WOW Air, Jetlines, and Jet Naked are expected to commence operations in 2016. Of these, three airlines plan to serve underserved routes. Low fuel prices will help and, with the weak Canadian dollar, many people are likely to holiday within the country and may prefer low-priced domestic trips

In 2015, Vancouver became the top hotel market in Canada, followed by Toronto. The city is leading in terms of occupancy rates and growth in REVPAR. Furthermore, its growing appeal as a conference and convention spot, and rising disposable incomes in British Columbia are driving overnight visits to the city. The weak Canadian dollar also helped Vancouver attract more American tourists

Synopsis
Canadeans report Travel and Tourism in Canada to 2020 provides detailed information on the countrys tourism sector, analyzing market data and providing insights. This report provides a better understanding of tourism flows, expenditure, and the airline, hotel, car rental, and travel intermediaries industries.

What else does this report offer?

Historic and forecast tourist volumes covering the entire Canadian Travel & Tourism sector

Detailed analysis of tourist spending patterns for various categories, such as accommodation, sightseeing entertainment, foodservice, transportation, retail, travel intermediaries, and others

Analysis of trips by purpose and mode of transport, and expenditure across various categories including domestic, inbound, and outbound tourism, with analysis using similar metrics

Analysis of the airline, hotel, car rental, and travel intermediaries industries by customer type leisure and business travelers

ReasonsToBuy
Make strategic business decisions using historic and forecast market data related to Canadas Travel & Tourism sector

Understand the demand-side dynamics within the industry to identify key market trends and growth opportunities

Direct promotional efforts to the most promising markets by identifying the key source and destination countries

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Table of Contents
Executive Summary

Introduction

Travel and Tourism Sector in Context

Domestic Tourism
Market summary and key developments in Canadian domestic tourism market
Historical and projected figures for domestic trips and domestic expenditure in Canada
Domestic trips trips by purpose of visit and by season, average length of trip and overnight stays

Inbound Tourism
Market summary and key developments in Canadian inbound tourism market
Historical and projected figures for inbound trips and inbound expenditure in Canada
Tourist arrivals from top 10 countries to Canada
Inbound trips trips by purpose of visit and mode of transport
Inbound trips average length of trip and overnight stays

State Tourism
Market Data for Ontario, British Colombia, Quebec, Alberta, Nova Scotia, New Brunswick

Outbound Tourism
Market summary and key developments in Canadian outbound tourism market
Historical and projected figures for outbound trips and outbound expenditure in Canada
Tourist departures to top 10 countries from Canada
Outbound trips trips by purpose of visit and mode of transport
Outbound trips average length of trip and overnight stays

Airlines
Market summary and key developments in Canadian airlines industry
Revenues and seats sold in Canadian airlines market
Low cost airlines in Canadaseats available, seats sold and load factor
Low cost airlines in Canadatotal revenue and revenue per customer
Low cost airlines in Canadarevenue generating passenger kilometers versus kilometers available
Full service airlines in Canadaseats available, seats sold and load factor
Full service airlines in Canadatotal revenue and revenue per customer
Full service airlines in Canadarevenue generating passenger kilometers versus kilometers available
Charter airlines in Canadaseats available, seats sold and load factor
Charter airlines in Canadatotal revenue and revenue per customer
Charter airlines in Canadarevenue generating passenger kilometers versus kilometers available
Competitive landscape

Hotels
Market summary and key developments in Canadian hotel industry
Revenues, room nights available and revenue per available room in Canadian hotel industry
Hotel establishments by category and available hotel rooms by category in Canada
Budget hotels in Canadarevenues, room occupancy rates, room nights available and room nights occupied
Budget hotels in Canadarevenue per available room and revenue per occupied room
Budget hotels in Canadarevenue by customer type and guests by customer type
Midscale hotels in Canadarevenues, room occupancy rates, room nights available and room nights occupied
Midscale hotels in Canadarevenue per available room and revenue per occupied room
Midscale hotels in Canadarevenue by customer type and guests by customer type
Upscale hotels in Canadarevenues, room occupancy rates, room nights available and room nights occupied
Upscale hotels in Canadarevenue per available room and revenue per occupied room
Upscale hotels in Canadarevenue by customer type and guests by customer type
Luxury hotels in Canadarevenues, room occupancy rates, room nights available and room nights occupied
Luxury hotels in Canadarevenue per available room and revenue per occupied room
Luxury hotels in Canadarevenue by customer type and guests by customer type
Competitive Landscape

Car Rental
Market value of car rental industry in Canada
Car rental value in Canada by rental type and location, and average revenue per day
Car rental in Canadafleet size, rental days and market utilization rate

Travel Intermediaries
Market value of travel intermediaries industry in Canada
Travel intermediaries online revenues and in-store revenues by provider

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