Canada Consumer Behavior and Travel Market Report 2022-2026
- Published:
- November 2023
- Research Type:
- Report
- Figures:
- 57
- Segments:
- Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Tours & Packages, Traditional Agencies & TMCs
- Regions:
- U.S. & Canada
Summary
Following two years of COVID-fueled declines, the Canada travel market rose 112% in 2022 and is projected to gain another 23% in 2023. Online sales led the recovery, as 66% of Canadian adults traveled for leisure over the past year. Going forward, most plan to maintain their current travel lifestyle, but lingering economic concerns and other factors will likely keep market growth in the single-digit range for the next few years.
Phocuswright’s Canada Consumer Behavior and Travel Market Report 2022-2026 provides a complete view of the Canada travel market, including detailed market sizing and projections through 2026, distribution trends, analysis of major travel segments, key developments and more. In addition, a portion of the analysis is based on a comprehensive survey of Canadian travelers, exploring consumers’ trip-planning and purchasing behavior, and their attitudes toward travel in 2023 and beyond.
