December 2018 - 2018 Another Great Year for Tourism in Victoria!

Victoria finished the year with continued exceptional performance in the hotel sector in December as we saw ongoing Christmas business from our short haul markets. Year end results show very strong growth in every category. Victoria accommodation properties ended the year with annual occupancy of 76.43% (growth of 3.01 points over 2017), average rate of $184.20 (up $15.01 over 2017) and RevPAR of $140.77 ($16.56 increase). The sustained occupancy levels over 72% are a clear indicator that the city is in need of additional hotel room inventory. We predict that while growth may flatten somewhat, 2019 will be another great year for the industry in Victoria.

  • President and CEO of Expedia Group Inc., Mark Okerstrom, will be the opening presenter at the 2019 BC Tourism Industry Conference. This year’s conference is taking place at the JW Marriott Parq Vancouver, February 27-March 1. Visit the website to check out the full program and to register. Anyone who works in BC’s tourism industry will find value in attending this conference – from the educational sessions and keynote speakers to the social events and the BC Tourism Industry Awards. Make sure that you are a part of the biggest tourism event of the year!
  • December saw Greater Victoria acting as co-host for the IIHF World Hockey Championship helping to drive business throughout the region. A very strong partnership between Destination Greater Victoria, Victoria Hotel Destination Marketing Association, City of Victoria and the Downtown Victoria Business Association helped secure the required destination support.
  • Dine Around Victoria kicked off with a gala event on January 24th, and the event will run until February 10th. Don’t miss out on this opportunity to try some of Victoria’s best eating establishments and their feature menus at $20, $30, $40 or $50. Check out participating restaurants and make your bookings here.

 

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