(MENAFNEditorial)
Although domestic travel posted gains in 2013 the pace remained moderate as Canadians struggled with the slow economic recovery. Employment and GDP edged up in 2013 providing a measure of improvement and modest gains in consumer confidence supporting the lower-cost alternative of domestic travel over international travel as an attractive choice for Canadians taking holidays away from home. The "staycation" concept lost momentum in 2013 as more households opted for short getaway holidays on traditional long weekends and school breaks.
Industry Prospects
Domestic tourism is expected to continue growth trends into the forecast period with a CAGR of 2% over the five years to 2018 as economic conditions improve. Growth will be supported by the traditional short getaway trip as an integral part of the Canadian cultural tradition though with anticipated improvements in employment and the general economy travel will be increasingly affordable and is expected to return to the higher growth rates seen prior to the recessionary years of 2009-2010.
Full Report Details at
- http://www.fastmr.com/prod/854418_tourism_flows_domestic_in_canada.aspx?afid=101
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Tourism Flows Domestic industry in Canada with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available understand competitive threats with our detailed market analysis and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Tourism Flows Domestic industry in Canada our research will save you time and money while empowering you to make informed profitable decisions.
The Tourism Flows Domestic in Canada market research report includes:
* Analysis of key supply-side and demand trends
* Detailed segmentation
* Historic volumes and values
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology conducted in-country
Our market research reports answer questions such as:
* What is the market size of Tourism Flows Domestic in Canada?
* How dependent is Canada on domestic tourism expenditure?
* What are the most popular destinations for domestic visitors?
* Which regions have the greatest number of star ratings?
Reasons to Get this Report
* Gain competitive intelligence
* Track key industry trends opportunities and threats
* Inform your marketing brand strategy and market development sales and supply functions
Product coverage: Domestic Tourism By Destination Domestic Tourism Travel By Purpose Of Visit.
Data coverage: market sizes (historic and forecasts) company shares brand shares and distribution data.
Report Table of Contents:
TOURISM FLOWS DOMESTIC IN CANADA
LIST OF CONTENTS AND TABLES
Headlines
Trends
Prospects
Category Data
Table 1 Domestic Tourism by Destination: Number of Trips 2008-2013
Table 2 Domestic Tourism by Purpose of Visit and Mode of Transport: Number of Trips 2008-2013
Table 3 Domestic Tourist Expenditure: Value and % Growth 2008-2013
Table 4 Method of Payment for Domestic Tourism Spending: % Value 2008-2013
Table 5 Forecast Domestic Tourism by Purpose of Visit and Mode of Transport: Number of Trips 2013-2018
Table 6 Forecast Domestic Tourist Expenditure: Value and % Growth 2013-2018
Executive Summary
Economic Conditions Remain Challenging for Canada's Tourism Industry
Canadian Tourism Industry Targets High-growth Markets
New Carrier Agreements Create Growth Opportunities for Chinese Travellers
Online Channel Continues To Post Strong Growth
International Competition Poses Challenges To Growth for Canada's Tourism Industry
SWOT
Summary 1 Canada: SWOT
Demand Factors
Table 7 Leave Entitlement: Volume 2008-2013
Table 8 Holiday Takers by Age 2008-2013
Table 9 Seasonality of Trips: % Breakdown 2008-2013
Balance of Payments
Table 10 Balance of Tourism Payments: Value 2008-2013
Sources
Summary 2 Research Sources
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts we provide quick and easy access to the best competitive intelligence available. Our unbiased expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.