DESTINATION CANADA RELEASES LATEST VISITOR ECONOMY REPORT
Destination Canada released their latest Visitor Economy Report. As we continue to work towards a post-pandemic recovery for our industry, it is important to understand the data collected in this report.
A key takeaway being the role domestic travel will play in reviving the tourism sector – the report states “If Canadians shift two-thirds of their
planned spend on international leisure travel towards domestic tourism, it will make up for the forecasted $19 billion shortfall currently facing our visitor economy—and help sustain 150,000 jobs.”
Specifically for us in Ontario, the 20% Travel Tax Credit is a key indicator in promoting Ontarians to re-discover their own province. Details will come around the specifics of the credit when it is safe to begin domestic travel again.
Read the full report here.
Read the release here.
See Destination Ontario’s latest industry report here