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You will find valuable advice to guide the management of a rental property, whether you have invested in an apartment or a chalet.
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Robust Recovery Signals Economic Boost in Tourism Industry
Canada's tourism industry is demonstrating a robust rebound, expected to make a substantial contribution of over $162 billion to the country's economy in 2023, according to recent research by the World Travel & Tourism Council (WTTC). The study forecasts the creation of approximately 90,000 jobs in 2023, bringing the total employment in the industry to 1.64 million.
New Regulations Impacting Short-Term Rentals in Quebec
Quebec has enacted specific regulations outlined in Bill 25, targeting unauthorized tourist accommodations. The legislation introduces stringent measures to combat illegal rentals, with offending platforms facing substantial fines, potentially reaching up to $100,000 per illicit advertisement.
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Airbnb strengthens measures against unwanted parties during New Year’s Eve
In one year, 5,700 people were blocked from making bookings on the platform in Canada. Property management teams are also doing their part in security.
Canada Bets on Authentic Experiences to Boost Tourism
Montreal and Quebec City are among the locations highlighted by TTW as examples of transformation.
Montreal’s Winter Activities Go Well Beyond Christmas Market: 2024-2025 Guide
Montreal’s winter season promises unforgettable experiences for locals and tourists alike. Be sure to verify dates and times through the provided links to plan your visit.