International Millennial Travel Fact Sheet
Transcription
International Millennial Travel Fact Sheet
International Millennial Travel Fact Sheet Purpose This fact sheet provides information on the size, characteristics and travel trends pertaining to international millennial travellers to Canada. 1. Size and Origin of International Millennial Travel in Canada Figure 1 Total Millennial Overnight Arrivals to Canada, 2008-2012 15.00% 2,250,000 Total Inbound Millennial Arrivals 10.6% 11.0% 13.1% 11.4% 11.1% 2,094,231 2,000,000 Definition of the Millennial Traveller 10.00% 1,799,636 1,715,194 1,754,452 1,750,000 1,785,330 1,500,000 5.00% 1,250,000 “Millennial travellers” are non-resident visitors aged 18 to 34 who are travelling to Canada without their parents, children or other people outside their age group for one or more nights. 1,000,000 0.00% 2008 2009 2010 2011 2012 The number of millennial travellers to Canada grew from about 1.8 million in 2008 to nearly 2.1 million in 2012. Millennial accounted for about 13% of total international arrivals to Canada in 2012. UNWTO estimates that millennials account for about 20% of global travellers. What’s more, millennials are one of the fastest-growing travel segments globally. There is an opportunity for Canada to increase its share of the millennial travel market in years to come. Source: ITS Characteristics, Statistics Canada and UNWTO Figure 2 Millennial Overnight Arrivals to Canada, 2010-2012 Overseas 2010 Number of % of Total Arrivals 840,731 47.9% US Total Inbound Millennial Arrivals 2011 Number of % of Total Arrivals 881,981 49.4% 2012 Number of % of Total Arrivals 912,736 43.6% 913,721 52.1% 903,349 50.6% 1,181,495 56.4% 1,754,452 100.0% 1,785,330 100.0% 2,094,231 100.0% Approximately 56% of millennial travellers to Canada are from the US, with 44% from overseas. The US is by far the largest source of millennial visitors to Canada, followed by Europe, Asia and Latin America/Caribbean. Source: ITS Characteristics, Statistics Canada 2012 Figure 3 Overnight Millennial Visitors by Region of Origin in 2012 2.0% 4.7% 2.3% 12.1% United States Europe Asia Latin America / Caribbean 56.4% 22.5% Africa/Middle-East Oceania 2 | International Millennial Travel Fact Sheet Figure 4, 5 & 6 Overseas Millennial Arrivals and Market Potential in 2012 South Korea 52,906 France 110,522 UK 107,107 Germany 460,000 440,000 430,000 Source: CTC Research Estimates based on Global Tourism Watch data, 2014 400,000 70,477 Japan Canada currently attracts only a portion of the total number of potential millennial travellers, so there is ample room for further growth in these markets. Arrivals to Canada 400,000 60,168 Potential Market India 33,280 Brazil 26,790 Mexico 30,566 Australia 35,684 0 320,000 260,000 Definition of Market Potential The number of millennial travellers who are actively considering visiting Canada in the next two years. 230,000 200,000 100,000 200,000 300,000 400,000 500,000 600,000 US and China Millennial Arrivals and Market Potential in 2012 Millennial travellers from overseas come primarily from the 10 CTC overseas markets. About 85% of all millennial travellers to Canada are from the US and these 10 markets. United States 3,250,000 1,181,495 Source: ITS Characteristics, Statistics Canada 2012 Arrivals to Canada China Visitation Growth from 2009 to 2012 (Top 10 Markets) France 8.1% UK 0.7% Germany 2.4% Mainland China 17.2% South Korea 0.9% Australia 4.3% India Brazil 0 5.6% Japan Mexico 55,062 24.6% Average Annual Growth Rate between 2009 and 2012 990,000 1,000,000 2,000,000 Potential Market 3,000,000 Of the 10 CTC overseas markets, India, Brazil and China recorded the strongest visitation growth between 2009 and 2012. Mexico is the only market that registered a decline since 2009. However, this decrease was due to the introduction of a tourist visa requirement for Mexican nationals by the Government of Canada in 2009. Source: ITS Characteristics, Statistics Canada 2012 -7.9% 17.6% Canadian Tourism Commission | 3 2. Trip Spend and Duration Figure 7 US Total Tourism Revenues in 2012 Other Travellers (excl. All Travellers (incl. Millennials Millennials) Millennials) Total Share of Total Spending Share of Total Spending Share of Spending ($) Total (%) ($) Total (%) ($) Total (%) 684,080,302 30.4% 5,649,705,812 56.4% 6,333,786,114 51.6% Overseas 1,569,033,029 69.6% 4,368,652,914 Total Share of Total Spending (%) 2,253,113,331 100.0% 5,937,685,943 48.4% 10,018,358,726 100.0% 12,271,472,057 100.0% 81.6% 100.0% 18.4% 43.6% Youth travellers contribute 18.4% of total international tourism revenues in Canada, spending a total of $2.25 billion in 2012. Millennial travellers from overseas account for 70% of international millennial tourism revenues, while US millennials account for 30% of the total. Source: ITS Characteristics, Statistics Canada 2012 Millennial travellers contribute 12.4% of total inbound expenditures attributable to pleasure travel in Canada, spending a total of $733 million in 2012. Figure 8 Average Spending Per Pleasure Trip in Canada in 2012 $2,000 Millennials $1,799 $1,800 $1,600 Other Travellers (excl. Millennials) $1,523 $1,400 $1,200 $1,077 $1,000 $740 $800 $550 $600 $580 $400 $200 $0 Overseas US 4 | International Millennial Travel Fact Sheet Total (OVS & US) Millennial pleasure travellers spend an average of $1,077 per trip in Canada, which is more than other travellers ($740 per trip) because they tend to stay in Canada longer. Millennial pleasure travellers from overseas spend more per trip than other overseas travellers. However, other US travellers spend more than US millennials, mainly because their average trip duration is longer. Source: ITS Characteristics, Statistics Canada 2012 Figure 9 Average Trip Duration in Canada in 2012 (Number of Days) 30.0 27.4 Millennials 25.0 Other Travellers (Excl. Millennials) 21.1 18.8 20.0 16.8 15.0 12.6 11.6 10.0 4.8 5.0 3.4 3.2 4.7 4.2 4.2 0.0 US Overseas US Work, Business, Convention Overseas US Pleasure Overseas All Trips The average trip duration of millennial travellers to Canada is longer than that of other travellers. Millennials spend an average of 4.7 days (US visitors) and 27.4 days (overseas visitors) in Canada, compared to 4.2 days (US visitors) and 16.8 days (overseas visitors) for all other travellers to Canada. Millennials take longer business/work trips as well as pleasure trips, except for the US market, where other travellers stay longer on average than millennials. Source: ITS Characteristics, Statistics Canada 2012 Canadian Tourism Commission | 5 3. Purpose of Visit Figure 10 Millennial Overnight Visits by Trip Purpose in 2012 Pleasure and visiting family, friends and relatives (VFR) are the two main trip purposes to Canada for millennial travellers. Over the past decade or so, the share of pleasure trips has declined, while the share of study, work-related and VFR trips has edged up. More millennial travellers than ever come to Canada for other reasons than just pleasure. Business, Work, Convention 23% VFR 30% Other 7% Study 8% Source: ITS Characteristics, Statistics Canada 2012 Pleasure 32% Figure 11 Millennial Travel Expenditures by Trip Purpose, 2012 VFR 17% Business, Work, Convention 30% In terms of spending, pleasure trips and trips for business/work/convention are the two main trip purposes, accounting for 33% and 30% of total spending by millennial travellers to Canada. Study 16% Source: ITS Characteristics, Statistics Canada 2012 Other 4% Pleasure 33% For more information For more information about international millennial travel to Canada, please contact the Research Team of the Canadian Tourism Commission at: [email protected] 6 | International Millennial Travel Fact Sheet