By
QMI Agency
Canadian tourism spending turned positive in the third quarter, ending the longest losing streak since the 1990’s as spending by Canadians made up for a decline in cash spent by foreign visitors. Tourism spending in Canada grew 0.3%, marking the first increase in five quarters, Statistics Canada said Monday. Spending was higher across all major tourism categories, including local tourism, or travel within Canada, which was up 0.9%. But it wasn’t all good news for the Canadian tourism industry. Spending by international visitors fell 2.4% for the quarter, marking a seventh consecutive decrease. Recreation and entertainment services showed “weakness” during the quarter, StatsCan said. International tourism dollars pumped into the Canadian economy now stand 15.4% below fourth quarter 2007 levels. The number of overnight travellers to Canada from the U.S. and abroad was down 1.7% for the quarter, while same-day travel fell 8.6%. There may be a silver lining for Canada’s economy and the tourism industry however. Tourism gross domestic product expanded by 0.4%, marking the first increase in five quarters. Strength came from renewed activity in air transportation and accommodation services, StatsCan said. This story was posted on Mon, January 11, 2010 More HeadlinesJasper recognized as heaven for stargazersChina's biz jet-setters: no longer flying under the radar Flower show brings blooms and business to Philadelphia French artist Watteau features in rival London shows Tokyo Narita starts some outbound flights post-quake |
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