B.C. tourism industry may be challenged with pent-up demand, economist says

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Jean-Francois Perrault said that pent-up demand for travel and leisure suggests that Canadians who saved money while under public health restrictions are likely to spend in that sector when it’s safe to do so

This translation has been automatically generated and has not been verified for accuracy.British Columbia’s battered tourism industry is poised for a strong recovery after vaccinations become widespread, but meeting that demand could be a challenge, Scotiabank’s chief economist says.

Members of the B.C. tourism sector said the next few months will be crucial for the survival of many businesses in the sector and they don’t expect a full recovery before next year. On the other hand, seasonal attractions like campsites and golf courses saw increased demand in 2020 as locals looked closer to home for getaways and should be ready for a surge.“There is a large degree of preparation, but it’s not as easy for some of the subsectors within tourism to just flick a switch and open the doors again,” Judas said.

The Crown corporation tasked with promoting domestic tourism found that without any major change in consumer spending habits, it would take five years for the industry to reach pre-pandemic levels. “We have been planning, we have been conserving cash, we have been availing ourselves of all the programs out there, maintaining equipment. We are anxious and ready to go.”

 

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This is why we should have vaccinated those that work with the public first. Would have slowed down the spread sooner & once those who are vaccinated start getting out and about there won’t be enough staff to handle the surges and protocols still in place will get in the way

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