You are using an outdated browser. Please upgrade your browser to improve your experience and security.

Skip to main content

$38 Million

Total Expenditure in Alberta (2022)

1.5 Million

Potential visitors to Alberta (2022)

2.9 days

Average length of stay in Alberta (2023)

Overview

Outbound travel from Mexico continues to recover - the country faces economic headwinds as high inflation erodes savings built up earlier in the pandemic, placing pressure on household incomes and constraining the pace of recovery. Oxford Economics forecasts outbound travel to be 83% of 2019 levels in 2023 and returning to peak by 2024.

On this page:

Competitor Comparison
Air Travel
Economic Indicators
Traveller Characteristics

Two people standing in an ice cave

Competitor Comparison

Indicator Quebec Ontario Alberta BC Canada
Expenditure (2022) $88 Million $148 Million $38 Million $186 Million $482 Million
Share of total national expenditure (2022) 18% 31% 8% 38% -
Visitation (2019) 140 Thousand 221 Thousand 34 Thousand 143 Thousand 574 Thousand
Share of total national visitation (2019) 24% 31% 6% 25% -
Expenditure (2019) $161 Million $217 Million $22 Million $262 Million $693 Million
Share of total national expenditure (2019) 23% 31% 3% 38% -
Average spend (2019) $1,148 $980 $642 $1,833 $1,208

*Visitation and average spend estimates are not available for Mexico for the 2022 calendar year. 

Air Travel

Economic Indicators

Indicator 2022 2023 2024 Forecast
GDP - per capita $11,466 $14,367 $14,559
GDP - YoY Growth Rate 11% 25.3% 1.3%
Exchange Rate (CAD/MXN) (annual average) $15.45 $13.13 N/A
Unemployment Rate (annual average) 3.3% 2.9% 3.7%
Inflation Rate (annual average) 7.9% 5.5% 4.4%

Quarterly traveller spend

Traveller Characteristics

Breakdown of traveller spending

Top barriers to travel
Economic environment 69%
Higher transport and accommodation costs 55%
Extreme weather events 28%
Geopolitical conflicts 24%
Staff shortages 22%
Other 14%
Top 5 trip anchors
Northern lights 54%
Hiking or walking in nature 53%
Trying local food and drink 48%
Natural attractions 47%
Nature parks 47%

Accommodation Booking Channel
Online through a travel agent/tour operator 47%
Through an online booking engine 40%
Booked in-person through travel agent 39%
Through accommodation sharing services website 22%
Directly with lodging/accommodation establishment 12%
Purpose of trip