Canada’s hotel industry recorded its highest occupancy level for any month since August 2018, according to CoStar’s August 2024 data.
Latest research from CWT and GBTA reveals that while costs will continue to rise, the pace of these increases will be notably slower through 2024 and into 2025
Market research with 10,000 global consumers indicates increasing desire for choice, flexibility and cost savings with multi&provider travel bookings.
Total Passenger Trips Remained Strong as Average Ticket Prices Declined
International tourism bounced back to 96% of pre&pandemic levels in the seven months through July 2024, driven by strong demand in Europe and the re&opening of markets in Asia and the Pacific.
Passenger air traffic in the region will grow 7.2% annually, as carriers connect fliers across Asia&Pacific
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