The total contribution of tourism to the gross domestic product (GDP) in Canada increased from 2022 to 2023. In 2023, Canada's tourism industry contributed over ** billion Canadian dollars to the country's economy, up from the previous year's total of ***** billion U.S. dollars.

The total contribution of tourism to Canada's gross domestic product (GDP) varied by industry from 2010 to 2024. The Canadian accommodation industry contributed to over ** billion Canadian dollars to the country's economy in 2024.

The total contribution of travel and tourism to GDP in Canada decreased by **** percent from 2019 to 2022. In 2022, the industry contributed around ***** billion U.S. dollars to the Canadian economy.

Gross domestic product (GDP), employment, labour compensation per job, GDP per job and tourism share of employment and GDP by tourism industry, by province and territory.

As per the latest findings of Future Market Insights, the USA and Canada tourism revenue is expected to be US$ 172,331.2 Million by the end of 2023. In the long-term, the market is estimated to reach at a valuation of around US$ 253,839.3 Million in 2033.

Scope of Report

The Canadian hospitality industry, a significant contributor to the national economy, is experiencing robust growth, mirroring global trends. While precise Canadian market figures for 2019-2024 are unavailable, extrapolating from the global CAGR of 5.27% and considering Canada's strong tourism sector and robust domestic travel, we can estimate substantial growth. The industry is segmented by hotel type (chain vs. independent) and service level (budget/economy, mid-scale, luxury, service apartments). The increasing popularity of budget and mid-scale hotels caters to price-conscious travelers, while the luxury segment continues to attract high-spending clientele. Key drivers include increasing disposable incomes, a rise in domestic and international tourism, and significant investments in infrastructure development, particularly in major cities like Toronto, Vancouver, and Montreal. However, challenges exist, including seasonal fluctuations in tourism, increasing operating costs (labor and energy), and the ongoing impact of global economic uncertainty. The industry's response includes diversification of offerings (e.g., incorporating sustainable practices, enhancing technology integration), and strategic partnerships to attract and retain both employees and guests. The competitive landscape includes both international and domestic players such as Marriott, Hilton, and smaller independent chains and boutique hotels, each vying for market share through differentiated service offerings and branding. The forecast for the Canadian hospitality industry from 2025 to 2033 is positive, predicated on continued economic growth and sustained tourism. We anticipate a CAGR similar to or slightly exceeding the global average, reflecting Canada's attractive tourism appeal and proactive industry adaptations. The increasing demand for unique travel experiences and sustainable tourism will likely influence future investment decisions and create new opportunities within the sector. Further growth will depend on factors including government policies that support the tourism industry, effective management of labor costs, and the successful navigation of environmental sustainability concerns. Analyzing specific regional variations within Canada (e.g., Atlantic Canada vs. Western Canada) would provide a more granular understanding of market opportunities and potential challenges within specific geographic areas. Recent developments include: January 2024 - APA Hotel Canada Inc., a wholly owned subsidiary of Coast Hotels Limited, is one of the fastest-growing hotel brands in North America and one of the largest hotel brands in Canada. Coast Hotels announced the opening of two brand new franchise properties, Eldorado (a Coast Hotel) and Midnight Sun (a Coast Hotel), in the historic and vibrant downtown area of Dawson City, Yukon, Canada., July 2023 - Wyndham Hotels & Resorts, the global leader in hotel franchising with over 9,100 hotels in more than 95 countries, announced the addition of 60 new hotels to its fast-growing extended stay brand Echo Suitssm, including what is set to be the brand's first Canadian hotels.. Key drivers for this market are: Rising Awareness among Hotels & Resorts to Implement Eco-Friendly Measures, Rising Mobile Reservations & Contactless Check-In/Out. Potential restraints include: Rising Awareness among Hotels & Resorts to Implement Eco-Friendly Measures, Rising Mobile Reservations & Contactless Check-In/Out. Notable trends are: The Increase in Tourist Arrivals and Hotel Occupancy also Results in an Increase in Spending.

The tourism sector GDP share in Canada was forecast to continuously increase between 2023 and 2028 by in total *** percentage points. The share is estimated to amount to **** percent in 2028. While the share was forecast to increase significant in the next years, the increase will slow down in the future.Depited is the economic contribution of the tourism sector in relation to the gross domestic product of the country or region at hand.The forecast has been adjusted for the expected impact of COVID-19.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the tourism sector GDP share in countries like Mexico and the United States.

This file summarizes several indicators for the tourism industry. It contains annual information for key economic indicators of the tourism industry such as establishments by development region, size and tourism region. Tourism spending, revenue, GDP, price index, employment and wages.

Quarterly data, in real terms.

Gross domestic product (GDP), employment, labour compensation per job, GDP per job and tourism share of employment and GDP by tourism industry, by province and territory.

This statistic shows the contribution of travel and tourism to GDP in Canada from 2016 to 2017, by type. Travel and tourism directly contributed approximately ** billion Canadian dollars to the Canadian economy in 2017.

ECO - Business and economic (economy) Economic activities or employment. For example, resources describing labor; revenue; commerce; industry; tourism and ecotourism; forestry; fisheries; commercial or subsistence hunting; and exploration and exploitation of resources, such as minerals, oil, and gas.

The total contribution of travel and tourism to employment in Canada decreased by *** percent from 2019 to 2022. Travel and tourism contributed approximately **** million jobs to the Canadian economy in 2022.

ECO - Business and economic (economy) Economic activities or employment. For example, resources describing labor; revenue; commerce; industry; tourism and ecotourism; forestry; fisheries; commercial or subsistence hunting; and exploration and exploitation of resources, such as minerals, oil, and gas.

Each Regional Tourism Organization is an independent, industry-led and not- for-profit and each provides leadership and coordination to support competitive and sustainable tourism regions. Ontario Regional Tourism Boundary data come in polygon and line versions. The polygon version is the main version and has the Region ID number. The line version is for cartographic purposes, as it shows the boundaries but contains no attributes (e.g., Region ID).

"https://www.ontario.ca/document/tourism-regions">More information on regional tourism

*[ID]: identification *[e.g.]: for example

This statistic shows the contribution of tourism to employment in Canada from Q4 2016 to Q4 2020. The Canadian tourism industry accounted for approximately ***** thousand jobs to the country's economy in Q4 2020.

The data and programs replicate tables and figures from "The Evolution of Access to Public Accommodations in the United States", by Cook, Jones, Logan, and Rose. Please see the CLJR_Replication_ReadMe file for additional details.

In 2019, overnight domestic sport tourism visitors to Canada produced more value for the country's economy than same day visitors. Same day sport tourism visitors had a value of **** billion Canadian dollars that year, while overnight visitor value was **** billion Canadian dollars.

The tourism sector GDP share in Mexico was forecast to continuously increase between 2023 and 2028 by in total *** percentage points. The share is estimated to amount to ***** percent in 2028. While the share was forecast to increase significant in the next years, the increase will slow down in the future.Depited is the economic contribution of the tourism sector in relation to the gross domestic product of the country or region at hand.The forecast has been adjusted for the expected impact of COVID-19.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the tourism sector GDP share in countries like the United States and Canada.

Self-reported data from public libraries, First Nation public libraries, and contracting organizations. The data includes:

• general information including address
• financial information
• holdings information
• staffing information
• facilities information
• activities information including typical week data
• partnership information

The database uses the common name "LibStats".