Monday, December 19, 2005

High Price of Fuel May Benefit Ontario Tourism Operators

High Price of Fuel May Benefit Ontario Tourism Operators

Resorts of Ontario, the province's leading association of resorts and tourism industry operators, anticipates that due to the high cost of long distance travel many Ontario vacationers will forgo far off destinations in favour of a holiday closer to home.

Orillia ON (PRWEB) June 1, 2008

Many Canadian travellers will find it more economical to vacation closer to home this year. The already high cost of air travel has substantially increased due to higher fares, tariffs and the introduction of fuel surcharges. Long distance car trips have also become much more expensive, since the price of a tank of gas has skyrocketed. Further, market analysts are predicting that gas prices will continue to rise over the summer. The summer vacation plans of many Canadians are certain to be affected by the rising cost of long distant travel.

Ontario's most prominent association of resort owners and operators, Resorts of Ontario (http://www. resortsofontario. com (http://www. resortsofontario. com)), keeps a close eye on all market trends and provides members with detailed industry surveys and reports. Traditionally, many Canadians have used their summer holidays to take major trips, travelling overseas or taking long road trips to destinations in the U. S. or to Canada's east or west coasts. For this summer, Resorts of Ontario forecasts that soaring gas prices and airline fuel surcharges may convince Canadians to forgo air travel and vacation in their own province. This development may be good news for Ontario's resort operators. This is especially good news for hospitality and tourism properties in Southern Ontario and Central Ontario, located within a couple hours drive of the over 5.5 million people living in the Greater Toronto Area (GTA).

Resorts of Ontario's Managing Director, Grace Sammut reports that Ontario resorts have witnessed a decline in American visitors over the past few years. "The number of American tourists coming into the province has been steadily dwindling for some time now. The low U. S. dollar in relation to the high flying Loonie, the weak American economy and high gas prices will keep even more Americans at home this year," states Sammut. "Numerous Canadians will also be sticking closer to home this summer, due to rising travel costs. Many Ontario resort operators see this as an opportunity. Fewer Ontarians will be vacationing outside the country or province this year and will choose instead to spend their summer vacation at an Ontario resort. An Ontario resort holiday is the perfect alternative for vacationers who want a summer holiday, but don't want to drive a great distance or to fly to get there. Some of our member resorts are even offering customers incentives to further reduce the price of vacationing, such as summer gas discounts and rebates," adds Sammut.

The tourism industry in the province of Ontario has under gone a number of challenges over the past few years. Today, the Canadian dollar remains high in relation to many other currencies. This, combined with a slow down in some foreign economies and the rising price of gasoline, will further reduce the number of American and International tourists coming into the province. In addition, baby boomer demographics have resulted in an increasing empty nester and senior travel market while the traditional family unit summer vacation has slowed with the children of the baby boom generation off to university or starting work and establishing their own family units. Clearly, the climate of business is changing. Those in Ontario's tourism and travel industry may find it necessary to change their advertising focus to attract the large market of potential customers that is already on their doorstep.

About Resorts of Ontario:
Resorts of Ontario (http://www. resortsofontario. com (http://www. resortsofontario. com)) is an association of over 150 Ontario resort properties including lakeside resorts, housekeeping cottages, country inns, lodges, and fishing resorts. Promoting Ontario tourism, member resorts offer romantic couples escapes, family vacations, and conference & meeting facilities in the province of Ontario.

# # #