Although the global pandemic might have put a hold on international travel for the best part of two years, the industry has never been in a better place. Just before the COVID-19 outbreak, a record 1.5 billion international tourists were recorded in 2019, a 4% increase from 2018.
Why is global tourism on the rise?
The rise of the tourism sector in the last ten years has been phenomenal. Pre-pandemic, more people than ever were packing their bags and travelling abroad, but what was driving that rise? There are many factors behind this, but some of the most common include:
More disposable income
One of the biggest contributors to the rise in tourism is the fact that more people have a higher level of disposable income.
More time
Alongside more disposable income, people also have more time on their hands. Whether that is through more annual leave or technology allowing individuals to work anywhere in the world, travel is a far more accessible venture.
Affordable
Of course, another major factor driving the rise in tourism is that it has become more affordable. From Airbnb’s unlocking exciting new accommodation alternatives to flights becoming cheaper, travelling is now a far more affordable solution.
Greater variety
There is also now a far greater variety of destinations for holidaymakers to choose from. With more carriers going to more destinations, we can explore the world with ease.
A return to form
While the pandemic might have put travel on hold, as it now moves to an endemic, the world is beginning to reopen. That is seen here in Canmore, and at Canmore Co-Host, our mission is to help Airbnb owners across the region maximize their occupancy rates, boost their income, and take the stress of management away.
Our 24/7 Airbnb guest management services are designed to give you complete peace of mind. Want to find out how we can help you? Get in touch today!
