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CRTA INSIDER
Vacation Ownership News & Updates
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| Canadian Resort & Travel Association |
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| Each year, RCI associates get a full day paid to volunteer at a 501(c)3 organization of their choice | Source: LinkedIn | Each year, RCI associates get a full day paid to volunteer at a 501(c)3 organization of their choice. Last week, RCI’ers used their Wish Days to volunteer at the Christel House Fall Festival! |
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| ARDA Sees Strong Advocacy Success in 2023, Plans Ahead for 2024 | Source: ARDA | To prepare for the year ahead, the 2024 Legislative Policy Council (LPC) advocacy plan was finalized at the ARDA Fall Leadership & Policy Forum in November. This plan outlines ARDA’s advocacy goals on behalf of the industry and owners and was thoughtfully crafted with input from members, timeshare owners and our coalition partners |
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| Hilton Marks a Decade of Growth Since Initial Public Offering | Source: Hilton | Hilton marked a decade of fast-paced growth since its initial public offering (IPO) on the New York Stock Exchange on Dec. 11, 2013. Over the last 10 years, the more than century-old company has nearly doubled its global property and room count, more than doubled its brand portfolio. |
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VACATION OWNERSHIP & TRAVEL INDUSTRY NEWS | VACATION OWNERSHIP
& TRAVEL INDUSTRY NEWS
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| Destination Canada Fall 2023 Tourism Outlook | Source: Destination Canada | Destination Canada has released their Tourism Outlook for Canada which outlines a clear opportunity: $160 billion in revenue by 2030. It's a call to action for transformational change, driving prosperity across the tourism sector. |
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| Wing Heavy: The Fees That Undermine the Competitiveness of the Airline Sector | Source: MEI | The high cost of domestic air travel is largely due to the various fees the federal government charges airlines and airports, according to this MEI study. “Ottawa prefers to treat our airports as cash cows, rather than the essential transportation infrastructure that they are,” explains Gabriel Giguère, public policy analyst and author of the study. |
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| Mexico Inaugurates First Tourist Train on Yucatan Peninsula | Source: Travel Pulse | The Yucatan peninsula welcomed the first part of a new tourist train today that's being constructed to connect the region’s many resorts and archeological sites. The $20 billion project is expected to be complete by February, according to a report from Associated Press. Once finished, the train will operate a rough loop around the Yucatan peninsula. |
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RANDOM BITS & NEWS BITES | RANDOM BITS & NEWS BITES |
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| Southwest CEO Says Airline Is ‘Absolutely Ready’ for Holiday Travel Following 2022 Meltdown | Source: Travel+Leisure | The comments come a year after one of Southwest’s most embarrassing periods in which the carrier canceled thousands of flights and “significantly” reduced its schedule in an effort to “catch up” following days of bad winter weather. The airline was later forced to apologize, refund customers, and even gift 25,000 Rapid Rewards points to affected customers. The entire debacle cost the airline nearly $1.2 billion, according to Bloomberg. |
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| What can happen when locals control tourism? | Source: Travel Weekly | A small Mexican village challenged a $2 billion tourism development and won. The residents promote tourism, but on their own terms. Overtourism, destruction of habitat and exploitation of communities have indeed created backlash, and a growing number of tourism-related companies are taking proactive steps to get the target off their backs. |
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| Travel South gets a big lift from Canada | Source: Travel Press | As visitor arrivals increase to the 12 states that comprise the Southeast region of the United States, so too are the transportation options that provide more gateways for travellers. International arrivals to the U.S. Southeast have reached 105% of the 2019 totals as of October this year. |
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| Canadian Resort & Travel Association 1830 Bloor St. W Unit 1111 Toronto, Ontario M6P 0A2 Canada | +1 (647) 613-5464 | [email protected] | canadianrta.org |
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