British Columbia, Canada is known around the world as an outstanding visitor destination. Our spectacular natural environment and welcoming, cosmopolitan cities provide memorable experiences and quality tourism products, as well as investment opportunities in tourism products and services.
One of the most significant investment opportunities is in niche resort development. British Columbia is a premiere outdoor destination, with tremendous potential to increase commercial recreation and adventure tourism.
Investors in British Columbia’s tourism sector benefit from an impressive set of competitive advantages:
Watch this short video on British Columbia’s Tourism advantages.
- Diverse landscapes and experiences – British Columbia offers visitors unmatched natural scenery and memorable experiences in our natural environment and diverse cities.
- Accessibility to visitors – Located on North America’s west coast, we are easily accessible to visitors from around the world, especially the rapidly growing number of travellers from Asia. These numbers are expected to increase as a result of the addition of Canada to China’s list of approved destinations. The strengthening world economy is also encouraging North American and European visitors to continue exploring Canada and British Columbia.
- Outstanding infrastructure – In recent years, provincial, federal and local governments have invested heavily in our roads, bridges, airports, border crossings and ports. This is in addition to significant private investment in accommodation and other tourism facilities.
- World-class tourism products – British Columbia offers outstanding visitor experiences that range from skiing, touring, golf and hiking to city visits and hosting conventions. Niche products, such as wine touring, heli-skiing, wildlife-viewing and heritage locations appeal to higher-spending tourists.
- Distinct Aboriginal tourism opportunities – Aboriginal cultural tourism is expanding in British Columbia, offering rich and unique experiences to visitors from around the world.
- Strong government support for tourism – We recognize and value the role of tourism in our economy and have introduced initiatives to support growth of the industry. These include Destination BC, a new industry-led Crown corporation designed to market British Columbia to the world. Destination BC is scheduled to begin operations April 1, 2013. In addition, British Columbia has a five-year Strategy for Tourism in British Columbia, designed to increase visitor volume, revenue, and employment. The strategy focuses on four key areas: leadership through partnership and coordination, focused marketing, providing a world class visitor experience, and removing barriers to the growth of our tourism industry.
Tourism Sector Snapshot
Tourism is one of British Columbia’s leading economic sectors and is significant in every region of our province. Over the past decade, our tourism sector has grown faster than our economy as a whole.
- The tourism industry makes a significant contribution to the BC economy compared with other primary resource industries, including forestry, agriculture & fish, and mining and oil and gas extraction. From 2001 to 2011, GDP of the forestry, mining and oil & gas extraction, and tourism industries have each increased (6 per cent, 15 per cent and 23 per cent, respectively), while agriculture and fish has dropped by 10 per cent. Tourism is the only primary industry that has maintained steady growth in the real GDP index (2002 = 100) from 2004 to 2008, and again in 2010 and 2011.
- In 2011, tourism employed 126,700 British Columbians and generated $13.4 billion in revenue.
- There were 18,034 tourism-related business establishments operating in the province during 2011.
- Accommodation and food services accounted for 32 per cent of tourism revenue in 2011, transportation for 31 per cent, retail services for 28 per cent and other services for the remaining eight per cent.
- Our tourism sector continues to benefit from the Vancouver 2010 Olympic and Paralympic Winter Games, which showcased British Columbia to an audience of three billion people around the world.
- British Columbia has placed a strong emphasis on quality service to visitors. Our WorldHost training program sets the standard for customer service excellence and is an internationally recognized leader in training for the tourism industry.
- As discretionary incomes continue to rebound and demand for travel increases in developing countries, tourism is expected to be one of the world’s fastest-growing industries.
Tourism Sector Infrastructure
We are investing heavily in tourism infrastructure. Vancouver International Airport
has just undergone a $200-million expansion and a second phase of improvements will be completed in 2014. Expansion projects have also been completed at other airports in British Columbia, including Victoria, Prince George and Comox.
Major investments in Vancouver Convention Centre and other transportation facilities across the province have also significantly enhanced visitor experiences in British Columbia.
Tourism Sector Supports
is a new tourism industry-led Crown corporation responsible for marketing British Columbia as a tourism destination. In addition, Destination BC provides leadership in product development and innovation and promotes training and development related to tourism. Destination BC works directly with our tourism industry to fulfill its mandate.
British Columbia provides a range of attractive business incentives
Investments & Partnerships
Guest Ranch and Big Game Guiding Bussiness
7793 Witte Rd, Big Creek, BC, V0L 1K0
This is an opportunity to purchase and invest in a property with two well established year round businesses. The BIG CREEK LODGE and ANVIL MOUNTAIN GUIDING are guest/tourist oriented businesses that opperate under the Spirit Ranch Ltd....
Investments & Partnerships
Thuya Lakes Lodge, Little Fort, BC
724 Eakin Creek Road, Little Fort, BC, V0E 2C0
What a property! It is surrounded by more than 30 crystal-clear lakes and famous for its wonderful rainbow trout fly-fishing opportunities.The 4.68 acre property features a cozy main log building for entertainment and 8 lakeshore log cabins. The main log building includesdining room and lounge where...
Investments & Partnerships
Neighbourhood Commercial Development Opportunities
94 Deerborne Dr, Elkford, BC, V0B 1H0
Serviced commercial lots in build up residential areas, close to multi-family resdiential, schools and other commercial services. @Two lots between 0.739 acres and 0.770 acres suitable for building. @The Neighbourhood Commercial (C-3) Zone allows a variety of permitted uses including Apartment Dwell...