Business travel spending in Toronto, including domestic and international visitor spending, declined by roughly 68 percent in 2021 compared to 2019, the year prior to the coronavirus (COVID-19) pandemic. In 2021, the expenditure by business travelers in the Canadian city amounted to just under one billion U.S. dollars.
Expenditure of business travelers in Toronto, Canada in 2019 and 2021
(in billion U.S. dollars)
figures are in constant 2021 prices and exchange rates as of November 2022; data include domestic and international visitor spending
Supplementary notes
Data have been calculated by Statista based on the share of business travel spending out of total visitor spending (which was obtained by summing international and domestic visitor spending) as provided by the source.
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Statista. (August 29, 2023). Expenditure of business travelers in Toronto, Canada in 2019 and 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1409727/business-travel-expenditure-toronto-canada/
Statista. "Expenditure of business travelers in Toronto, Canada in 2019 and 2021 (in billion U.S. dollars)." Chart. August 29, 2023. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1409727/business-travel-expenditure-toronto-canada/
Statista. (2023). Expenditure of business travelers in Toronto, Canada in 2019 and 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1409727/business-travel-expenditure-toronto-canada/
Statista. "Expenditure of Business Travelers in Toronto, Canada in 2019 and 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 29 Aug 2023, https://www.statista.com/statistics/1409727/business-travel-expenditure-toronto-canada/
Statista, Expenditure of business travelers in Toronto, Canada in 2019 and 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1409727/business-travel-expenditure-toronto-canada/ (last visited November 05, 2024)
Expenditure of business travelers in Toronto, Canada in 2019 and 2021 (in billion U.S. dollars) [Graph], Statista, August 29, 2023. [Online]. Available: https://www.statista.com/statistics/1409727/business-travel-expenditure-toronto-canada/
