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CRTA INSIDER
Vacation Ownership News & Updates
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| Canadian Resort & Travel Association |
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| Hilton and Be My Eyes Launch Industry‑First Partnership to Enhance the Hilton Stay for Guests who are Blind or Low Vision | Source: Hilton | Hilton, announced an industry-first, exclusive partnership with Be My Eyes to ensure guests who are blind or have low vision can experience a more accessible, seamless and welcoming stay. Together with Be My Eyes, Hilton is making available AI-powered assistance and dedicated Hilton Reservations and Customer Care support to guests who are blind or have low vision across the U.S. and Canada. |
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| September Vacation Ownership Sentiment Index | Source: ARDA | ARDA has released the September results from its Vacation Ownership Sentiment Index, highlighting timeshare owners’ positive increase in overall sentiment regarding travel and the timeshare product. The index provides a monthly pulse of owner sentiment and forward-looking anticipated behaviors relative to the broader traveler market. |
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VACATION OWNERSHIP & TRAVEL INDUSTRY NEWS | VACATION OWNERSHIP
& TRAVEL INDUSTRY NEWS
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| Canada is trying to rebuild its tourism industry | Source: Marketplace | The tourism sector currently brings in close to $220 million a day. The government is aiming to increase that by 50% in the next five years. But how they get there relies on many factors beyond their control. Since COVID-19 stopped international travel in 2020, the number of international tourists traveling here is still not what it once was. Travelers from the U.S. are at 85% of 2019 levels and those from further afield are at 78%, according to Destination Canada, the country’s national tourism organization. |
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| Bank of Canada most likely to cut rates by 50 bps next week | Source: Reuters | The Bank of Canada is widely expected to reduce its key policy rate by 50 basis points on Wednesday, its fourth cut in a row and what would be the first super-sized reduction in more than 15 years outside of the pandemic era. A jumbo cut next week, as most economists and analysts are predicting, would bring down the benchmark rate to 3.75% from 4.25% as the bank seeks to boost economic growth amid falling prices and stifled spending by consumers and businesses. |
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| How eastern Ontario's tourism sector is meeting climate change head-on | Source: CBC News | Eastern Ontario tourism businesses that invite guests to enjoy the great outdoors say climate change is impacting their bottom line and forcing them to adjust their business models. |
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RANDOM BITS & NEWS BITES | RANDOM BITS & NEWS BITES |
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| Universal Orlando To Open Fourth Resort Next May | Source: Travel Industry Today | Universal Orlando Resort announced it will open its fourth theme park – Universal Epic Universe – on May 22, 2025. The park will feature themed areas based on Harry Potter, Super Nintendo and “How to Train Your Dragon,” as well as monster movie brands, Universal officials said Thursday. |
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| Montreal man ordered to pay $35K fine for not declaring luxury watch at border | Source: Global News | In a Federal Court ruling that opens with the judge musing that “time is money,” a Montreal business owner has been ordered to pay a hefty fine after he imported a luxury watch without declaring it to customs. |
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| The Safest Places for Fall Travel | Source: TravelPulse | Looking at the latest travel advisories from the U.S. State Department and other governments in Canada and the United Kingdom, Vision of Humanity's Global Peace Index and Berkshire Hathaway Travel Protection's 2024 list of the safest countries and cities—which considers feedback from actual travelers—we can sufficiently highlight the world's safest places this autumn. |
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| Canadian Resort & Travel Association 3434 McKinley Beach Dr. #404 Kelowna, BC V1V 0H3 Canada | +1 (647) 613-5464 | [email protected] | canadianrta.org |
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