Canada Travel and Tourism Market Summary and Forecast

January 2024 | 44 pages | ID: C4BF3D709DFEEN
MarketLine

Abstracts

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?

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

List Of Tables

LIST OF TABLES

Table 1: Canada travel & tourism industry value: $ million, 2017–22
Table 2: Canada travel & tourism industry category segmentation: % share, by value, 2017–2022
Table 3: Canada travel & tourism industry category segmentation: $ million, 2017-2022
Table 4: Canada travel & tourism industry geography segmentation: $ million, 2022
Table 5: Canada travel & tourism industry value forecast: $ million, 2022–27
Table 6: Restaurant Brands International Inc: key facts
Table 7: Restaurant Brands International Inc: Annual Financial Ratios
Table 8: Restaurant Brands International Inc: Key Employees
Table 9: Wyndham Hotels & Resorts Inc: key facts
Table 10: Wyndham Hotels & Resorts Inc: Annual Financial Ratios
Table 11: Wyndham Hotels & Resorts Inc: Key Employees
Table 12: Booking Holdings Inc: key facts
Table 13: Booking Holdings Inc: Annual Financial Ratios
Table 14: Booking Holdings Inc: Key Employees
Table 15: Air Canada: key facts
Table 16: Air Canada: Annual Financial Ratios
Table 17: Air Canada: Key Employees
Table 18: Canada size of population (million), 2018–22
Table 19: Canada gdp (constant 2005 prices, $ billion), 2018–22
Table 20: Canada gdp (current prices, $ billion), 2018–22
Table 21: Canada inflation, 2018–22
Table 22: Canada consumer price index (absolute), 2018–22
Table 23: Canada exchange rate, 2018–22

List Of Figures

LIST OF FIGURES

Figure 1: Canada travel & tourism industry value: $ million, 2017–22
Figure 2: Canada travel & tourism industry category segmentation: $ million, 2017-2022
Figure 3: Canada travel & tourism industry geography segmentation: % share, by value, 2022
Figure 4: Canada travel & tourism industry value forecast: $ million, 2022–27
Figure 5: Forces driving competition in the travel & tourism industry in Canada, 2022
Figure 6: Drivers of buyer power in the travel & tourism industry in Canada, 2022
Figure 7: Drivers of supplier power in the travel & tourism industry in Canada, 2022
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Canada, 2022
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Canada, 2022
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Canada, 2022