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CRTA INSIDER
Vacation Ownership News & Updates
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| Canadian Resort & Travel Association |
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| The BobCast with Gaetan Babin RRP President & CEO of CRTA | Source: Resort Trades | Check out the BobCast with Gaetan Babin RRP President & CEO Canadian Resort and Travel Association on YouTube |
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| Bluegreen Vacations Holding Corporation Announces Completion of Merger | Source:businesswire | Bluegreen Vacations Holding Corporation announced the completion of the previously announced acquisition of Bluegreen Vacations by Hilton Grand Vacations Inc. pursuant to the merger agreement entered into by the parties which resulted in Bluegreen Vacations becoming an indirect wholly-owned subsidiary of HGV. |
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VACATION OWNERSHIP & TRAVEL INDUSTRY NEWS | VACATION OWNERSHIP
& TRAVEL INDUSTRY NEWS
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| International Tourism to Reach Pre-Pandemic Levels in 2024 | Source: UNWTO | Following a strong 2023, international tourism is well on track to return to pre-pandemic levels in 2024. According to the first UNWTO World Tourism Barometer of the year, international tourism ended 2023 at 88% of pre-pandemic levels, with an estimated 1.3 billion international arrivals. |
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| Canadian households projected to spend $30 billion on vacations in 2024 | Source: Allianz Global Assistance | Allianz Global Assistance’s seventh annual Vacation Confidence Study reveals Canadians are combatting inflation fatigue with travel plans. The average vacationing family intends to spend over $4,000 on their vacation in 2024, according to leading travel insurance and assistance provider Allianz Global Assistance’s (Allianz) seventh annual Vacation Confidence Study. |
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| US officials say 40 Boeing jets have been inspected as investigations continue into midair blowout | Source: ABC News | Federal officials have briefed a congressional committee on their investigations into a jetliner that lost a panel of its fuselage in midflight this month and revealed that airlines have inspected 40 identical Boeing planes |
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RANDOM BITS & NEWS BITES | RANDOM BITS & NEWS BITES |
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| These Are the Safest Countries and Cities in the World for Travelers | Source: AFAR | In 2024, Canada is the No. 1 country for safety. Ranked as the 11th most peaceful country in the world by the 2023 Global Peace Index, Canada has a reputation for its diversity, inclusivity, and low crime rate. This only enhances its legendary travel offerings, from fabulous multicultural cities like Toronto, Montreal, and Vancouver to remarkable natural beauty in national parks like Jasper, Banff, and Prince Edward Island. |
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| With merger scuttled, Spirit Airlines faces an uncertain future. Is bankruptcy a possibility? | Source: Associated Press | Spirit Airlines hasn’t made money since before the pandemic, ticket sales haven’t bounced back as quickly as the carrier expected, and dozens of its planes will be grounded at times this year because of a problem with the engines. A sale to JetBlue represented a lifeline for Spirit, which faces $1.1 billion in debt maturing next year |
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| Travel advice from the Government of Canada | Source: travel.gc.ca | When exploring new destinations, respecting local religions is key: be mindful of customs, sacred sites and traditions. Find info in the "Laws and customs" section of travel.gc.ca |
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Contact Us
| 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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