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CRTA INSIDER
Vacation Ownership News & Updates
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| Canadian Resort & Travel Association |
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| TIAC foresees tourism spending to recover by next year | Source: Travel Courier | Tourism spending in this country is now expected to bounce back from the punishing Covid pandemic faster than was forecast a couple of years ago. Marc Seguin, TIAC’s vice president, policy and government affairs, told a Feb. 1 town hall gathering in Toronto that “total tourism spending is now expected to recover in 2024,” considerably quicker than some earlier gloomier forecasts predicted. |
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| ARDA Spring Conference 2023: Timeshare Together | Source: ARDA | Registration for the 2023 ARDA Spring Conference is now open! From power innovation sessions to micro talks, hosted speaker sessions and the best networking opportunities in the #timeshare industry, this exciting event has it all! |
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VACATION OWNERSHIP & TRAVEL INDUSTRY NEWS | VACATION OWNERSHIP
& TRAVEL INDUSTRY NEWS
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| Congressman says U.S. should consider tit-for-tat tax on Canadian-owned properties in the States | Source: CBC News | The underused housing tax, which came into effect last year, is a 1 per cent annual levy on the value of a "vacant or underused" property belonging to "non-resident, non-Canadian owners," according to a Government of Canada website. The tax is intended to cool the overheated Canadian housing market, particularly in major cities like Vancouver and Toronto that are struggling with housing shortages. The government is trying to deter foreigners from purchasing residential properties as investments and leaving them vacant. |
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| Pandemic travel credits expiring: What are the rules? | Source: Global News | The rules governing travel credits vary from province to province. Consumers facing the expiration of credits are advised to write to their travel agency, tour operator, or airline to request an extension if they don’t feel comfortable travelling yet. |
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| Air Canada to hit pre-pandemic capacity levels in 2024 as recovery continues | Source: Yahoo Finance Canada | The Montreal-based airline said that it will boost 2023 capacity by 24 per cent compared to last year, bringing it to 90 per cent of pre-pandemic levels. The company expects to reach 100 per cent of pre-pandemic capacity levels by 2024. |
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RANDOM BITS & NEWS BITES | RANDOM BITS & NEWS BITES |
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| Why Airports are Better Prepared for Busy Spring and Summer Travel Seasons | Source: Travel Pulse | Officials from Airports Council International (ACI) said the airline industries in Europe and North America are better prepared for the summer travel demand surge as staffing has improved, but there are still concerns about long lines and delayed flights during peak periods. In Canada, several major airports, including Montreal-Trudeau International, revealed plans to add services designed to curb lines ahead of spring break. |
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| Get the Safe Travels Stamp | Source: TIAO | The WTTC in conjunction with the industry, including TIAO, has created a self-certified Safe Travels Stamp based on worldwide industry protocols the WTTC has put together for every aspect of the hospitality and tourism sector. |
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Contact Us
| Canadian Resort & Travel Association PO Box 51031 RPO Eglinton Square Toronto, ON M1L 4T2 Canada | +1 (647) 613-5464 | [email protected] | canadianrta.org |
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