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Tourism Revenues

Tourism Nova Scotia produces annual estimates of tourism revenues, which are updated as new information becomes available.

Tourism revenues are a measure of the economic impact of tourism. They include all tourism-related spending within Nova Scotia by non-resident visitors and Nova Scotians travelling within the province. Spending includes categories such as accommodations, transportation, food and beverage, cultural services, recreation and entertainment, and travel agency and other reservation services.

Estimated spend data is derived from Destination Canada's Lodging Aligned Spend Reporting (LASR). Use, distribution, or republication of these estimates requires Destination Canada's written consent.

More information on LASR can be found here: https://www.tourismdatacollective.ca/lodging-aligned-spend-reporting.  

Click the links below to read more about tourism revenues in Nova Scotia.

Nova Scotia Tourism Revenues

Tourism is a significant economic activity in Nova Scotia. In 2019, the last year before the COVID-19 pandemic, tourism activity in Nova Scotia generated $2.3 billion in tourism spending in Nova Scotia. Since 2022, revenues have steadily increased year-over-year, reaching $3.5 billion in total tourism spending in 2024. It should be noted that tourism revenues have increased at a much greater rate than visitation, due to inflation.

Bar graph comparing annual tourism revenues from 2019 to 2024.

Resident vs Non-resident Tourism Revenues Overall & by Source Market

Travel by Nova Scotians within the province is critical to the provincial tourism economy, with spending by Nova Scotians accounting for 43% of total tourism spending in 2024. 

Visitors from the rest of Canada account for 45% of non-resident tourism revenues, with the Atlantic provinces and Ontario each providing 16% of tourism revenues. Visitors from the United States (note: this includes non-resident overnight visitors as well as cruise visitors from the US) account for 35% of non-resident visitor spending, while overseas visitors generate 20% of non-resident tourism revenues. 

 

Pie graph showing spending by Nova Scotians vs visitors and bar graph showing revneues by source market.

 

Tourism Revenues by Sector

Tourism spending benefits many different types of businesses in Nova Scotia. Food & beverage is the largest category, representing one-third of all tourism revenues, followed by accommodations, and transportation.

Pie chart showing breakdown of 2024 tourism revenues by sector.

 

 

 

Tourism Revenues by Tourism Region

In 2024, the Halifax Metro tourism region accounted for 39% of tourism revenues, followed by Bay of Fundy & Annapolis Valley. These two regions account for 62% of the province’s tourism revenues.

Map showing percentage of tourism spending by region in Nova Scotia.