The forecast for skiing facilities revenue in Canada from 2024 to 2028 indicates steady growth. In 2023, the revenue stood at 1.45 billion CAD. The year-on-year growth rates are as follows: 2024 sees a 4.83% increase, 2025 rises by 5.26%, 2026 by 4.37%, 2027 by 4.19%, and 2028 by 4.60%. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 4.65%, highlighting a solid upward trend.
Future trends to watch for include:
- Climate change impacts on ski seasons' durations.
- Technological innovations in skiing facilities and services.
- Rising interest in winter sports tourism and international factors affecting tourism to Canada.
