Canadian tourism industry losing out as millennials travel abroad

Richard Blackwell, www.theglobeandmail.com
Good news for Travel Agents! Even though Millennials typically are less likely to book with professionals than baby-boomers, the incremental business from this growing trend will be good for us!

STORY:
Globe-trotting millennials have exacerbated Canada’s “international travel deficit” – the difference between what Canadians of all ages spend travelling outside the country and what we glean from foreign tourists coming here. In 2015, despite the low dollar, that deficit was about $17-billion, as Canadians took 32.3 million overnight trips outside the country and foreign travellers made 17.8 million trips here. FULL STORY