Industry landscapes
Industry report

Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE CANADA EDITION 2026

Canada’s
travel and hospitality industry,
in focus.

The companies, capital and talent shaping travel and hospitality in Canada. Find the leaders. Understand the segments. See where the activity is.

Snapshot: Funding in USD
Illustrated cover for Travel and Hospitality Industry Landscape of Canada
CA
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Travel and Hospitality illustration
MEET THE COMPANIES

Explore Canada’s travel and hospitality leaders

24 featured companies from the funding, hiring, revenue and team-size leaderboards.

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Travel and Hospitality company highlights in Canada, snapshot 6 August 2026
Company
Aeroports de Montrealadmtl.com$400M639
Transattransat.com$100M4,035
Alt Hotelsalthotels.com$80M
Rocky Mountaineerrockymountaineer.com$45M30
Horizon Aircrafthorizonaircraft.com$15.48M7
MT Labmtlab.ca$10M
Hotel Communication Networkhcn-inc.com$6.95M20
Manganese X Energymanganesexenergycorp.com$3.06M6
407 etr407etr.com11 roles429
Easton’s Group of Hotelseastonsgroup.com11 roles
Hertzhertz.ca11 roles
KF Aerospacekfaero.ca11 roles1,000
Metrolinxmetrolinx.com11 roles5,788
Silver Hotel Groupsilverhotelgroup.com11 roles
Voyagovoyago.ca11 roles1,100
nav canadanavcanada.ca11 roles2,662
Air Canadaaircanada.com30,000
Air Transatairtransat.com7,170
Art Gallery of Ontarioago.ca15Financial figure available in RadarView in Radar
Chorus Aviationchorusaviation.com
Driving Forcedrivingforce.ca630Financial figure available in RadarView in Radar
Expedia Cruisesexpediacruises.com6,400
Grand River Transitgrt.ca5Financial figure available in RadarView in Radar
Imparkwww2.impark.com8,700
24 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Company discovery

Recorded evidence only

Explore the live startup set in Radar

No company example met every recorded classification, independence and public-profile gate in this snapshot. The live directory may have newer qualifying companies.

Explore classified startups in Radar ↗
THE KEY SIGNALS

Travel and Hospitality industry KPIs in Canada

A few useful ratios bring the size of this ecosystem into perspective.

6 August 2026
Hiring participation8.8%

238 of 2,706 tracked companies have open roles.

Funding participation1.3%

35 of 2,706 tracked companies have a recorded round.

Top 3 funding share86.3%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$741.72K

Midpoint of 36 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 86.3% of disclosed capital, while 98.7% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How Canada travel and hospitality has grown

Recorded company formation and disclosed funding across the complete annual series shown.

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2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

Canada travel and hospitality
$0$117.36M$234.72M$352.08M$469.44M2016: $500K20162017: $1.09M20172018: $394.52K20182019: $020192020: $320.86K20202021: $411.79M20212022: $100.82M20222023: $8.91M20232024: $11.11M20242025: $10.48M2025
View the numbers
Annual travel and hospitality funding and company formation in Canada
YearFunding (USD)FoundedRaising
2016$500K571
2017$1.09M791
2018$394.52K722
2019$01240
2020$320.86K1123
2021$411.79M935
2022$100.82M694
2023$8.91M484
2024$11.11M48
2025$10.48M04
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • Aeroports de Montreal59.5%
  • Transat14.9%
  • Alt Hotels11.9%
  • Other companies13.7%

Funding by stage

47 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel14 29.8%
Series A–B1 2.1%
Series C+ / PE3 6.4%
Grants, debt & other29 61.7%

Recent recorded rounds

Latest recorded rounds · USD
0 rounds

Swipe or scroll horizontally to browse.

Largest and notable recorded rounds

Each card is one recorded round
10 cards

Swipe or scroll horizontally to browse.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

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Annual accounts availability

The measured Canada identity-to-filing probe did not produce a qualifying designated legal or national-ID join: world_filings_distributed exposes no reviewed Canadian national-ID key; none of the designated Canadian identities carried a CIK.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the Canada companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Busiest websites

32 of the 2,709 companies on this page carry a measured traffic record (1.2%); these are the largest of those, by monthly visits. The median among them is 256,939 visits.

CompanyMonthly visitsAuthorityMobile
Worldatlasworldatlas.com14,262,7907790.5%
Air Canadaaircanada.com13,605,7827950.1%
WestJetwestjet.com4,574,5077160.5%
Four Seasonsfourseasons.com3,758,7237862.8%
Porter Airlinesflyporter.com2,161,7056163.1%
Ttcttc.ca2,141,4646479.4%
Air Transatairtransat.com2,121,7816670.5%
Montreal Transport Companystm.info1,976,8806581.6%
VIA Railviarail.ca1,832,7366261.9%
Flairflyflair.com1,412,6415746.1%

Visits and authority are third-party web estimates, not company-reported figures.

Most-installed apps

64 of these companies (2.4%) publish at least one Android app — 79 apps in all, carrying 16.4M installs between them.

AppInstallsRatingStore category
Air Canada + AeroplanAir Canada6.7M4.4Travel & Local
WestJetWestJet4.3M1.8Travel & Local
Air Transat | Flights & TravelAir Transat1.5M4.5Travel & Local
SunwingSunwing963.8K3.6Travel & Local
Porter AirlinesPorter Airlines471.1K4.7Travel & Local
VIA Rail CanadaVIA Rail414.3K3.5Travel & Local
Park’N Fly Canadapark `n fly canada335K2.1Travel & Local
Parks Canada AppPc282.4K3.7Travel & Local
MyParkingCalgary Parking271.4K1.9Maps & Navigation
RTC’s real-time NomadeRtcquebec269K4.5Maps & Navigation

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

App reach by segment

The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2023Q1–2026Q2).

SegmentAppsInstallsLeading appRelease trend
Passenger Airlines713MAir Canada + Aeroplan 6.7M
Travel Agencies105.6MWestJet 4.3M
Online Travel2963.9KSunwing 963.8K
Parking Services3608.6KPark’N Fly Canada 335K
Bus Operators15553.7KRTC’s real-time Nomade 269K
Hotels10263.3KFour Seasons Hotels 251.7K
Tour Operators979.1KEdmonton 311 71.9K
Car Rentals869.1KY-Drive App 42.6K

A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.

Release cadence by quarter

New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.

2023Q1: 22023Q1: 02023Q12023Q2: 32023Q2: 02023Q22023Q4: 12023Q4: 12023Q42024Q1: 32024Q1: 02024Q12024Q2: 12024Q2: 12024Q22024Q3: 22024Q3: 12024Q32024Q4: 12024Q4: 12024Q42025Q1: 22025Q1: 12025Q12025Q2: 22025Q2: 42025Q22025Q3: 32025Q3: 52025Q32025Q4: 22025Q4: 102025Q42026Q1: 12026Q1: 92026Q1

Darker bars are new releases, lighter bars apps updated. 73 of 79 apps carry a release date. The series ends at 2026Q1, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The Canada travel and hospitality market map

Explore the segments behind the headline numbers.

Expand panel +

Where companies are building

Rank segments by scale, hiring or disclosed funding.

Segment data unavailable0

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Segment data unavailable

The largest measured segment in this report snapshot.

0companies
0%have hiring activity

0 companies hiring · $0 disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

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Recent corporate headlines 10 dated reports
Mergers & acquisitionscargojet.com ↗

Cargojet Inc. has entered into an agreement to divest its minority investment in 21 Air LLC, the Miami-based air cargo operator in which it bought a 25% stake in 2021.

Mergers & acquisitionschorusaviation.com ↗

Chorus Aviation Inc. has announced an agreement to acquire Kadex Aero Supply (Kadex)...

Mergers & acquisitionsavmax.com ↗

Avmax Group has acquired Condor Aircraft Accessories, a component repair and overhaul specialist based in Calgary.

Mergers & acquisitionstransat.com ↗

For the past year, Mr. Péladeau has tried at least five times to buy the Quebec company, without success.

Mergers & acquisitionsroyalcamp.com ↗

On September 22, 2025, the Company announced a strategic acquisition and entered into a definitive share purchase agreement to acquire all of the issued and outstanding shares of Royal Camp Services Ltd. The Company anticipates completing the acquisition prior to the end of 2025.

Mergers & acquisitionswestjet.com ↗

Foley & Lardner LLP served as legal advisor to Delta Air Lines Inc. (NYSE: DAL) in its acquisition of a minority equity interest in Canadian airline WestJet Airlines Ltd. from Onex Partners and affiliated funds (Onex Group).

Mergers & acquisitionsglobespan.com ↗

the acquisition of Key Travel’s European operation by Canada’s Globespan Travel Management

Mergers & acquisitionsvisiontravel.ca ↗

Direct Travel – which acquired Canada’s Vision Travel in 2017 — was itself acquired last year by an investment group led by Steve Singh.

Funding roundspoolsafeinc.com ↗

issued in a non-brokered private placement in June and July 2023 which raised gross proceeds of $1,140,000 (the "2023 Debenture Financing").

Funding roundsgermainhotels.com ↗

For nearly 15 years, CDPQ has played a major role in supporting Germain Hotels at three key moments in its expansion across Canada, adding Kim Thomassin, Executive Vice-President and Head of Québec at CDPQ. By leading this new round of financing, ...

Full recorded event mix

Top 10 categories among 775 recorded events in the 24-month window.

Company announcements
337
Earnings
178
Contracts
84
Leadership moves
43
Mergers & acquisitions
34
Asset acquisitions
27
Board Updates
25
Funding rounds
14
Regulatory
10
Buyback
8
7 activity cards

Swipe or scroll horizontally to browse.

IPO pipeline

1 companies with recorded IPO activity

IPO1 reports

Leadership moves

23 tracked people moves

Alban Fournier

Departure private sector post

Julie Gascon

Departure Previously Chief Executive Officer

Air Canada ↗
Michael Rousseau

Retirement Previously President and CEO

Na

Departure Previously Chief Commercial Officer

Air Canada ↗
Benjamin Smith

Departure Chief Executive Officer

Carlo Rinaldi

Appointment Director, Market Development of Quebec

Kathleen Harvey

Retirement

Angelica Cheung

Appointment Venture Partner

Product launches

Products, platforms and features in the recorded window

Fitzrovia ↗
Earn Aeroplan Points on rent payments via Chexy

Rental payment loyalty feature

Elastic Path’s composable commerce platform

Composable Commerce Platform

Cargojet ↗
Direct air cargo service

Air cargo service

Air Transat ↗
PROS Elasticity Forecasting and Optimization

Revenue Management

CSL Group ↗
MV CSL Flexvik

Hybrid self-loading/unloading vessel

Regulatory events

12 recorded events

licensed to operate flights to the Dominican Republic, Aruba and BarbadosCanadian Transportation Agency

PoolSafe ↗

approved extension of Repayment DayTSX Venture Exchange

Air Transat ↗

pending final regulatory approval

Air Canada ↗

ordered back to work by 2 p.m. SundayCanada Industrial Relations Board

Litigation

1 tracked suits

Company
transat v the program

BonBon rewards program disputeCivil · Filed

Earnings pulse

Reported company results in the recorded window.

13companies
188period observations
2.0%median reported growth

Median across 130 reported growth observations; companies may contribute multiple periods.

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
Cargojet21 airAnnounced2026-04-03Not stated in snapshot
Chorus Aviationkadex aero supplyAnnounced2026-02-15Not stated in snapshot
AvmaxCondor Aircraft Accessories2026-01-30Not stated in snapshot
Pierre Karl PéladeauTransat ↗Rumored2025-12-15Not stated in snapshot
Delta Air Lines, Korean Air, and Air France-KLMWestJet ↗Completed2025-10-23Not stated in snapshot
korean airWestJet ↗Completed2025-10-23$220.0M

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

3,660 postings in the preceding 12 months. The full 6,177-posting snapshot covers 200 employers.

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Most advertised job titles

Room Attendant71
Sandwich Artist70
School Bus Driver59
Customer Experience Representative52
General Manager51
Guest Service Agent49
0 internship postings

2 tracked postings mention remote work.

The seniority mix

1,366 postings specify a level.

unspecified
4,811
manager
909
senior
213
lead
170
entry
54
intern
20

Skills employers mention

Top skills across 6,177 tracked postings in the available jobs snapshot.

Food Handling
7
Microsoft Office
7
Outlook
6
Kitchen Equipment
5
Plumbing
4
Electrical
4
Mechanical
4
Advanced Cooking Techniques
3
Painting
3
Pos System
3
ADVERTISED PAY$36.5K/ year

Median across 581 postings with pay data, expressed in USD.

Salary by seniority

manager$58.4K/ year61 postings

Advertised posting medians do not describe all employees or roles.

THE PEOPLE BUILDING THE FIELD

Founders and leaders

130 founders and chief executives across 125 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

Education networks

9 profiles with education records.

University of Waterloo
4
University of Toronto
2
New York University
1
York University
1
Wharton School
1
University of Pennsylvania
1
Harvard University
1
University of Oxford
1

Prior employers

0 profiles with prior-work records.

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

1,307,010 articles in the measured 12-month window.

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1,307,010articles in the measured year
174,775articles in 2026Q1
18.9%positive tone in the latest complete year

News volume trends

Travel and Hospitality coverage across Canada · articles per complete quarter

0241,445482,889724,334965,7782021Q2: 349,3932021Q22021Q3: 362,2082021Q4: 360,7042022Q1: 376,4592022Q2: 372,2472022Q22022Q3: 389,8552022Q4: 434,2472023Q1: 448,1192023Q2: 440,1562023Q22023Q3: 400,3902023Q4: 351,3152024Q1: 356,5132024Q2: 345,6962024Q22024Q3: 322,4062024Q4: 337,1292025Q1: 517,0452025Q2: 321,7392025Q22025Q3: 839,8072025Q4: 133,9302026Q1: 174,7752026Q1
View quarterly article counts
QuarterArticles
2021Q2349,393
2021Q3362,208
2021Q4360,704
2022Q1376,459
2022Q2372,247
2022Q3389,855
2022Q4434,247
2023Q1448,119
2023Q2440,156
2023Q3400,390
2023Q4351,315
2024Q1356,513
2024Q2345,696
2024Q3322,406
2024Q4337,129
2025Q1517,045
2025Q2321,739
2025Q3839,807
2025Q4133,930
2026Q1174,775

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
224,122 positive · 916,748 neutral · 110,696 negative
2022
269,092 positive · 1,159,075 neutral · 143,719 negative
2023
306,219 positive · 1,185,782 neutral · 146,965 negative
2024
328,717 positive · 867,926 neutral · 164,076 negative
2025
341,895 positive · 1,248,409 neutral · 221,115 negative

Leading coverage topics

Travel and Hospitality coverage across Canada · ranked by full-period article count.

Administrative And Political Subdivisions4,178,713 articles in the full recorded period
835,671 recent · 714,969 prior
Geographic Naming Conventions And Etymology81,162 articles in the full recorded period
41,773 recent · 8,032 prior
International Sports Competitions41,228 articles in the full recorded period
9,660 recent · 9,514 prior
Trade Policies And Agreements34,719 articles in the full recorded period
9,889 recent · 18,820 prior
International Political Relations29,979 articles in the full recorded period
8,849 recent · 7,518 prior
Olympic Games Coverage24,538 articles in the full recorded period
5,661 recent · 5,821 prior
Professional League Updates22,087 articles in the full recorded period
3,595 recent · 3,892 prior
Sports Broadcast Rights Updates18,395 articles in the full recorded period
2,234 recent · 3,584 prior
Security And Defense Policies17,573 articles in the full recorded period
4,691 recent · 4,147 prior
Sports Governance And Policy Changes17,462 articles in the full recorded period
3,059 recent · 3,109 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

Travel and Hospitality coverage across Canada

KeywordRecentPriorChange
multilateral diplomacy99868645%
angel investors967368163%
ice sports837220280%
investment deal76039990%
wto rulings71136495%
share price60141844%
faa investigation599278115%
national security strategy58637457%
public offering55739142%
ski competitions55127898%
tariff negotiations5,86714,256-59%
free trade deals2,9125,959-51%
trade dispute mechanisms2,7384,342-37%
bilateral trade1,7903,276-45%
preferential tariff1,1643,052-62%

Event and signal lenses

Travel and Hospitality coverage across Canada

All complete annual cohorts shown
Rising

Regulatory Risk

616,437 classified articles

tariff negotiations, free trade deals, trade dispute mechanisms

35.4% critical · 35.1% positive
Rising

Funding Momentum

164,111 classified articles

angel investors, investment deal, trade deficits fx

28.0% critical · 42.4% positive
Rising

Growth

232,273 classified articles

league expansion news, nba expansion teams, earnings report

26.3% critical · 46.5% positive

Travel and Hospitality coverage across Canada. Topic labels describe recorded classifications and can include broad context.

GEOGRAPHIC FOOTPRINT

Where companies are based

Company counts, hiring and disclosed funding across the recorded hubs.

Expand panel +
8 cards

Swipe or scroll horizontally to browse.

UNDERSTAND THE LANDSCAPE

Travel and Hospitality in Canada: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

Company ecosystem snapshot: 6 August 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
Coming soon