Canada’s travel and tourism sector is poised for a big post-pandemic rebound, according to a report from the World Travel and Tourism Council.
“The sector is a vital driver of economic growth and job creation in Canada, with cities such as Vancouver, Toronto and Montreal remaining must-see global destinations for international visitors,” said Simpson, whose organization represents more than 200 companies including airlines, cruise lines and hotels.
Bankruptcy filings by restaurants, caterers and other food services have risen by 116 per cent since 2022, according to Restaurants Canada. “There’s an awful lot of change in the way that we do business – certainly a lot more use of technology. But also, when you’re booking those big conferences and trade shows, those events are booked multi-years out,” Potter said in a phone interview. Business-related tourism event bookings for this year are at 47 per cent of pre-pandemic levels, she said.
In 2019, overall tourism spending – on everything from airlines and hotels to bars and festivals – reached about $105 billion, Potter said.
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