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CRTA INSIDER
Vacation Ownership News & Updates
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| Canadian Resort & Travel Association |
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| ARDA Debuts Forward-Looking White Paper for the Timeshare and Vacation Ownership Industries | Source: ARDA | American Resort Development Association - ARDA, the trade association for the timeshare and vacation ownership industries, has released a forward-looking white paper, titled “Navigating the Future of Timeshare: Trends, Opportunities, and Insights for the Vacation Ownership Industry,” created in partnership with Skift. The white paper provides insight into the evolving world of vacation ownership and the factors that are driving the continued evolution of the $35.7B industry. |
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| Helping the First-Time Client Understand their Vacation Ownership Purchas | Source: Resort Trades | Educating and continuing to build a relationship with your client requires a lot of staff time. Not only does it take a lot of staff training but also an understanding of associated products such as exchange and other travel components. |
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VACATION OWNERSHIP & TRAVEL INDUSTRY NEWS | VACATION OWNERSHIP
& TRAVEL INDUSTRY NEWS
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| Dozens dead and millions without power after Helene's deadly march across southeastern US | Source: CTV News | The hurricane came ashore near the mouth of the Aucilla River, about 20 miles (30 kilometres) northwest of where Hurricane Idalia hit last year at nearly the same ferocity. Florida Gov. Ron DeSantis said the damage from Helene appears to be greater than the combined effects of Idalia and Hurricane Debby in August. The destruction extended far beyond Florid |
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| Studies Say Canadians & Americans Determined to Travel; More Online Growth | Source: OpenJaw | A new study from Sunwing Vacations says travel intent remains strong among Canadians, despite economic headwinds like inflation. Their survey found that 61% of the population plan to travel internationally on a vacation in the next year. While concerns about rising travel and vacation prices due to inflation is cited as a key concern for the vast majority (88%) of Canadians, among those planning to travel internationally, 85% say their travel budget is either the same or has increased since last year, with only 15% indicating their travel budgets have decreased. |
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| Canadians are skipping travel insurance to save money. Should they? | Source: Global News | Most Canadians are planning to book vacations over the next year but a new survey shows that they are adopting a risky plan to save money — skipping travel insurance. A new survey from TD Insurance, conducted by Maru Public Opinion, reveals that despite rising costs and economic pressures, most Canadians surveyed (68 per cent) are still planning to travel for pleasure in the next 12 months. But a third of them will not be purchasing travel insurance for their trip. |
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RANDOM BITS & NEWS BITES | RANDOM BITS & NEWS BITES |
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| Has Banff National Park reached a tourism tipping point? | Source: CBC News | Banff National Park itself, and it's into this larger ecosystem that the town of Banff's increasing visitors — and the wider tourism industry built to support them — are overflowing into. With the park's visitation rates jumping 30 per cent in the last decade, the question some conservationists, are asking is whether that stream of visitors has led to a tourism tipping point. |
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| New lift from Canada makes it easier for clients to visit Guadalajara | Source: Travel Courier | The tourism trade in the interior Mexican city of Guadalajara is getting some airborne assistance from Flair Airlines, which has just begun linking Toronto with a part of Mexico seen as the birthplace of many iconic features of the Latin American country. Flair began the new service Friday, offering up to three frequencies a week in fall/winter 2024 and spring 2025. Fares start at $148 one-way. The airline already has Vancouver-Guadalajara service. |
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| Airlines could be charged millions in new fee proposal from transport regulator | Source: Canadian Press via MSN | A new proposal from the country's transport regulator would charge airlines $790 for each passenger complaint it resolves — regardless of which party wins the dispute. The agency estimates it will be able to close just over 22,600 air travel complaints per year, amounting to roughly $17.9 million in fees charged to airlines. |
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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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