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Tourism spending injects $4 billion into Montreal economy in 2017

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Staff Writer | March 7, 2018
According to the latest report from Tourisme Montreal, all of Montreal's tourism performance indicators in both the business and leisure markets went up in 2017.
Tourists in Montreal
Canada   Tourisme Montreal
The city's tourist volumes grew 5.1% over 2016, for a total of 11.1 million visitors. In addition, tourist spending increased 9.7% to reach $4 billion for the year as a whole. Montreal recorded the highest growth in tourism among all Quebec destinations.

International tourism continued its upswing with 11% more overseas tourists entering Quebec in 2017. According to the Conference Board of Canada, the number of tourists from France—Montreal's leading market—grew 9%, while the number of Chinese tourists soared 33% to make China the city's second most important overseas market, ahead of the United Kingdom.

Meanwhile, inbound traffic from Mexico grew 50%, confirming a very promising outlook for this market.

Where visitors from the U.S. are concerned, the most pronounced increase was in airborne travellers, at 11.9%. In all, this market grew by 4.8% in 2017.

Montreal-Trudeau Airport saw 18.2 million passengers, a 9.5% improvement over 2016. The volume of international travellers arriving at the airport was up 13.5% in 2017.

According to the Hotel Association of Greater Montreal, the average occupation rate for hotels on the Island was 76.5% at an average price of $184.31 in 2017. The average room rate was $214.10during the summer (June to August), marking an 11.7% hike compared with the same period in 2016.

Business tourism was also strong last year. Montreal hosted several major events in 2017, including Destination International's Annual Convention and the Artistic Gymnastics World Championships.

Tourisme Montreal's business travel team recorded more than 380,000 confirmed overnight stays in commercial accommodations, which was 15% more than in 2016.

Events held to mark Montreal's 375th anniversary led to a 6% boost in attendance at the city's tourist attractions over 2016.

In addition, several legacies of the 375th anniversary celebrations, such as Cite Memoire – Montreal en Histoire, the light displays on Jacques-Cartier Bridge and the addition of new attractions, like La Grande Roue de Montreal and the new pavilions at the Montreal Museum of Fine Arts and Pointe-à-Callière, have enhanced the city's entertainment profile and revived its tourism pull.