Summary

Canada Travel and Tourism Market Summary and Forecast

Summary

Travel & Tourism in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The travel & tourism industry consists of revenues generated by passenger airlines, passenger rail, hotels & motels, foodservice, travel intermediaries, and casinos & gaming.
- The Canadian travel & tourism industry had total revenues of $62.2 billion in 2022, representing a compound annual growth rate (CAGR) of -7.1% between 2017 and 2022.
- The hotels & motels segment accounted for the industry's largest proportion in 2022, with total revenues of $21.4 billion, equivalent to 34.4% of the industry's overall value.
- Approximately 5% of Canada's GDP comes from the tourist industry. Through the visitor economy, the travel and tourism industry plays a critical role in stimulating Canada's commercial growth.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Canada
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Canada
- Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Canada travel & tourism market with five year forecasts

Reasons to Buy

- What was the size of the Canada travel & tourism market by value in 2022?
- What will be the size of the Canada travel & tourism market in 2027?
- What factors are affecting the strength of competition in the Canada travel & tourism market?
- How has the market performed over the last five years?
- What are the main segments that make up Canada's travel & tourism market?

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Table of Contents

Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of leading players?
8 Company Profiles
8.1. Restaurant Brands International Inc
8.2. Wyndham Hotels & Resorts Inc
8.3. Booking Holdings Inc
8.4. Air Canada
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine