Wednesday, May 31, 2023

International travellers spending soars after the pandemic in Canada

International travellers spending soars after the pandemic in Canada

According to Statistics Canada, after Canada lifted the pandemic travel restrictions, spending by international travellers soared in the fourth quarter of 2022.

The nation’s number cruncher today unveiled data showing that international visitors to Canada spent about $3 billion in the fourth quarter of 2022, up about 87.5 percent from the $1.6 billion that those visitors spent in the same quarter in 2021.

Americans dominated international – visitors spending in Canada in the fourth quarter of 2022, with about $1.7 billion, or 57 percent of the money spent in the three–month period.

For both U.S visitors and non – U.S international visitors, spending was approximately double that seen during the fourth quarter of 2021, and slightly more than three–quarters of the spending seen in the same quarter in 2019, before the COVID–19 pandemic virtually halted travel.

Major expenses for U.S. travellers included accommodation ($611.8 million), food and beverages ($475.5 million), and transportation within Canada ( 4262.9 million). Together, these expenses accounted for 80.4 percent of all U.S. visitor spending.

The post International travellers spending soars after the pandemic in Canada appeared first on Travel And Tour World.

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