A new study of downtown Toronto commerce shows the tourism industry has bounced back nicely from the pandemic. But we’re not out of the woods yet. The Toronto Star on Thursday ran a story that talked about a University of Toronto School of Cities study that looked at cellphone usage in the city centre to determine the number of daily visitors to various types of buildings. Looking at 2019 levels versus 2023, the study found that Toronto’s hospitality buildings had a 100% recovery rate in terms of visitors. The recovery rate for office buildings was only 69%, and for retail Read more
Toronto Tourism
That more Americans are visiting Toronto is good news. The fact they’re staying longer and spending more is even better. Tourism Toronto released its 2015 visitation numbers today, showing a five per cent rise in overnight visits and a 10 per cent hike in U.S. numbers. Overall, Toronto attracted 14.03 million overnight visits last year, the first time they’ve gone over the 14 million mark. The city’s previous best was in 2014, with 13,365,800 overnight visits. Montreal earlier this month announced they attracted 9.6 million visitors last year, while Vancouver said they brought in 9.4 million folks. Numbers from the Read more
