Earlier this week, members from the tourism and hospitality community gathered at the InterContinental Hotel Toronto Centre for the third annual Business Outlook Forum, where Destination Toronto unveiled its 2024 business plans along with other industry insights.
2023 Data and Outlook for 2024
Following an overview of exciting 2023 citywide developments, we presented the latest data insights from the past year with three big takeaways:
- There is clear momentum and rebound, but we’re not yet back to 2019 levels;
- Different market segments are recovering at different paces; and
- Forward momentum continues into 2024.
The clip below provides a deeper dive into these insights and performance reporting for business events leading into 2024 and beyond.
Access this publicly-available Market Performance Dashboard to tap into insights about...
Destination Toronto’s Market Readiness Index is a monthly summary of market signals and...
Community resources for up-to-date Toronto visitor market performance.
Destination Toronto’s 2024 Business Plan
The opportunity for our destination is clear – in 2024 we need continued recovery but more importantly we need to build genuine sustainable growth. To do that, we have been working closely with our committee partners and Board of Directors to develop strategies to build our destination's appeal and vitality, buoyed by strong alignment across our community and a commitment to reflect our destination.
Panel Discussion: Local Stories, Local Sourcing
We welcomed Chef Carl Heinrich from Richmond Station; Cheryl Blackman, Director, Museums and Heritage Services at the City of Toronto; David Carey, Co-Executive Director at the Bentway; and, David Procopio, Vice President, Food and Beverage at the Metro Toronto Convention Centre to join us for a panel discussion on the power of local stories and local products.