TOURISM SPENDING ON THE RISE
By Adnews Staff
Tourism spending grew to $817 million during the second quarter of the year, a 7.6% growth compared to the same period last year, according to the National Tourism Indicator's estimates. Spending by Canadians at home jumped 4.3%, reaching almost $7.6 billion, while foreign spending increased by 15% to $3.9 billion. Overall, tourism pumped $11.5 billion into the Canadian economy. Tourism from most Asian countries into Canada has decreased because of the economic situation there, but increased U.S. and domestic spending is compensating for the decline.
« Back Next »
Comments
blog comments powered by Disqus