The Q3 2024 Quarterly Market Performance Highlights report on Toronto’s Visitor Economy is now available. President & CEO Andrew Weir shares insights on what you can expect from the report in the post below. Full report here: https://lnkd.in/e8V6U2kk #VisitorEconomy #SeeTorontoNow #MeetinToronto
It may still be warm outside, but with the book closed on summer we are happy to share our Q3 Market Performance Report for Toronto's Visitor Economy. From July through September, Toronto welcomed 2.8 million overnight visitors, a 5% increase over the same time last year. For the year 2024 through the end of September, 6.9 million overnight visitors have arrived in Toronto, generating nearly $7 Billion in spending in our destination. The YTD visitation level is +6% over last year, though still -6% compared with 2019. That gap is due largely to the lagging recovery of international markets, with the vital U.S. market reaching 85% of 2019 levels, and overseas markets at 80%, led by continued growth from the U.K., Germany and Mexico. Read the full report here: https://lnkd.in/gt5XMBCt Destination Toronto Shelley Carroll, ICD.D Olivia Chow Ausma Malik Greater Toronto Hotel Association Tourism Industry Association of Ontario Tourism Industry Association of Canada Toronto Region Board of Trade Toronto Global