Friday, March 8, 2013

CIBC Poll: Canadians spending an average of about $2600 on their March vacations this year


Poll conducted by Harris/Decima reveals 12 per cent of Canadians are escaping the weather for a vacation this March, spending an average of about $2,600 to get away. As Canadians look to enjoy their time away, their top travel concerns include illness, or losing their debit and credit cards.
Highlights of the poll include:
·         12 per cent of Canadians say they are planning a March vacation, with an average cost of $2,665.
·         Among Canadians travelling for a vacation this March, 41 per cent are vacationing in Canada, with 36 per centtravelling to the U.S.
·         Residents of Manitoba and Saskatchewan plan to spend the most on average (almost $3,200) and those inAtlantic Canada plan to spend the least (about $1,550).
·         Residents in Alberta (17 per cent) and B.C. (16 per cent) were among the most likely to travel this March, withAtlantic Canada (4 per cent) and Quebec (8 per cent) among the least likely.
"March is a special time of year for Canadians to take a break from school and work and enjoy some time with their families," said Cheryl Longo, Executive Vice President, Card Products, CIBC. "Finding the time and money for family vacations can sometimes be a challenge, and when Canadians do get away they want to enjoy the experience and know they planned well, budgeted well, and are protected in the event of the unexpected."
KEY POLL FINDINGS
Percentage of Canadians who are travelling on vacation for March/Spring Break, by region:
National    

12%
Atlantic Canada   

4%
Quebec    

8%
Ontario    

13%
Manitoba and Saskatchewan 

11%
Alberta     

17%
British Columbia   

16%
Average amount Canadians who are travelling say they will spend in total on their vacations, by region:
National    

$2665
Atlantic Canada   

$1554
Quebec    

$1938
Ontario    

$2931
Manitoba and Saskatchewan  

$3178
Alberta     

$2857
British Columbia   

$2490

Canadians' top concern when travelling:
Someone gets sick or injured on our vacation   

36%
We lose our money or credit cards

18%
We overspend on our vacation     

12%
Our flight is delayed or cancelled because of bad weather

11%
Our luggage is lost   

6%
Our travel plans need to be cancelled before our vacation  

6%
Our travel plans get interrupted during our vacation   

4%



Bridges International Insurance Services
Suite 901- 1030 West Georgia Street, Vancouver BC V6E 2Y3
info@biis.ca
www.biis.ca


Like Bridges International Insurance Service's fan page on Facebook and follow us on Twitter for exciting news updates and promotions! Also head over to our Visitors to Canada Blog or Canadian Travel Insurance and Trip Cancellation Insurance to read posts about information for working holidays or check out our exciting travel insurance videos on our YouTube Channel.

No comments: