Published on : Wednesday, September 13, 2017
According to industry expectations, tourism spending in the city will reach $3.6 billion this year, which is almost 10 percent increase over last year. This will boost tax revenues to $1.45 billion.
Tourism Montreal President Yves Lalumière said that the city’s anniversary celebrations have done great things for the city’s tourism industry.
“Montreal’s 375th anniversary has boosted the city’s international reputation and will act as a springboard for years to come,” Lalumière said.
Lalumière credits the favourable exchange rate for attracting more American visitors, along with his organization’s marketing efforts in countries such as China and Mexico.
Montreal is expecting 11.2 million tourists in 2017. There has been a 32 percent increase in tourists from China and a 119 percent increase in tourists from Mexico. Overall, the increase in foreign tourists amounted to six percent.
Passenger traffic was also up 11 percent at Montreal’s Pierre Trudeau International Airport in June and July.
While Lalumière said that the number of foreign tourists attending the Formula One event was up 15 percent, he said Tourism Montreal didn’t have any attendance figures for the new Formula E electric car race.