INSIDER
Vacation Ownership News & Updates

October 28, 2022

CRTA MEMBER NEWS

State of Travel 2022: New Skift Research

Souce: Skift

Skift recently released its State of Travel 2022 report. From data driven insights to discussions of major consumer trends, Skift's report demonstrates the travel industry’s resilience as it continues to recover & grow from the pandemic.

Hotel companies wrestle with impact of interest rate rises on owners

Source: Hospitality Insights

The era of cheap money is over. Rock bottom interest rates in the US and Europe since the global financial crisis have fuelled excessive consumer and business borrowing, making it easier to access debt than ever before.

Mexican president suggests opening domestic routes to foreign airlines

Source: Travel Weekly

Mexico's president would like to begin allowing non-Mexican carriers to fly domestic routes within the country.

Competition Bureau raises concerns surrounding WestJet, Sunwing deal

Source: Global News

The regulator says that eliminating the rivalry between the integrated airlines and tour operators would likely result in increased prices, less choice and decreases in service for Canadians.

How to renew a passport in Canada

Source: Passport Canada

You can now renew a passport that was issued within the last 15 years by using the Simplified Renewal Application.

Simply submit two photos, two references, the completed short form, and the applicable fees

Canadian Resort & Travel Association

PO Box 51031 RPO Eglinton Square

Toronto, ON M1L 4T2

Canada

[email protected]

canadianrta.org