Canada Travel Market

The Canadian travel market was fairly resilient despite fluctuating economic conditions prior to the pandemic. Growth in the travel market consistently outpaced growth in Gross Domestic Product (GDP). Yet, online penetration has remained low compared to other developed travel markets.

In 2017, Phocuswright took a deep dive into the size of the market, the distribution landscape and consumer behavior in the Canadian market. We followed this up in 2021 with a comprehensive market sizing project aimed at understanding how travel was faring post-pandemic and projecting the shape of recovery.

As we enter 2023 having left the pandemic behind and facing new economic headwinds, Phocuswright is revisiting the Canadian travel landscape to explore and project the size of the market, examine distribution dynamics and delve into consumer behavior as traditional preferences and habits evolve.

Key Questions to be Addressed

Market Sizing and Distribution Landscape

• Total market size with a focus on online leisure travel (includes unmanaged business travel)
• Market size projections through 2026
• The distribution landscape including size and projections for key segments and channels
• Key trends impacting the market

 The Leisure Traveler

• Profile of the Canadian leisure traveler
• Online planning, shopping and purchasing behavior
• Influences on planning and shopping
• Destination decision metrics
• Role of social media during the trip lifecycle
• Attitudes towards sustainability
• Looking ahead: travel plans in next 12 months

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