Tourism Vancouver and VISA form partnership to boost travel to Vancouver

2002-01-16
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  • Tourism Vancouver

    VANCOUVER, BC, Jan. 15 /CNW/ - Tourism Vancouver and Visa Canada
    announced today a three-year marketing partnership to promote both domestic
    and international travel to the city. Currently more than 8.4 million domestic
    and international tourists spend approximately $3.5 billion visiting Vancouver
    every year.
    In British Columbia, 2.8 million Visa cardholders spend approximately
    $2.3 billion on the travel and entertainment industry each year, representing
    approximately 16 percent of Visa travel and entertainment business in Canada
    overall. This new partnership is designed to increase tourism spending while
    providing a number of benefits to tourists, Visa cardholders and to Tourism
    Vancouver and its members.
    For Visa, the partnership further demonstrates its commitment to the
    travel and entertainment sector by adding a key market into its mix of
    destination marketing alliances. Through its Destination Marketing Program,
    Visa holds successful alliances with other key travel destinations including
    Montreal, Toronto, Ottawa, Calgary, Whistler and the Canadian Intrawest
    Resorts. The new partnership also provides Visa with the opportunity to
    increase prominence in the important Vancouver market.
    We see tremendous opportunity in the Vancouver market where the number
    of visitors has grown consistently for many years, said Rick Pyves, Senior
    Vice President, Visa Canada. This partnership allows us to provide valuable
    offers to domestic and international Visa cardholders traveling to Vancouver
    and gives us the opportunity to support and build relations with key travel
    and entertainment sectors.
    Tourism Vancouver Executive Vice President, Paul Vallee says the Visa
    partnership will help the recovery of the Vancouver tourism industry.
    Tourism Vancouver has long recognized the power of partnership through
    initiatives such as our Tourism Vancouver Signature Partners program. Forming
    strategic alliances provides us with competitive advantage in this dynamic
    industry allowing us to reach new customer targets and leverage our marketing
    resources. We're extremely excited about our partnership with Visa who are not
    only leaders in their business but a key part of the tourism industry
    internationally, said Vallee.
    The first key initiative within the partnership is The VISA Vancouver
    Rewards program, a program allowing domestic and international Visa
    cardholders to benefit from great savings and rewards. As part of the
    agreement, Tourism Vancouver will promote Visa as the Official Vancouver
    Destination Payment Card. Tourism Vancouver's member businesses will sport
    point-of-sale decals bearing the tagline and official partnership logo
    Vancouver's Best Way to Pay. Other activities include jointly branded
    advertising and online savings programs.
    The travel and entertainment sector also represents an important market
    for Visa. In Canada, travel and entertainment represents approximately 17
    percent of Visa's overall sales, said Pyves. While the industry has faced
    some challenges over the last few months, we believe that partnerships and
    alliances like this one will help get the industry back on track.
    As the World's Best Way to Pay, Visa is the leading credit card payment
    brand in Canada and around the world. There are more than 23.6 million VISA
    cards in Canada accepted at more than 604,000 merchant locations across the
    country. In British Columbia more than 119,000 merchants accept Visa, almost
    double the amount of merchants accepting Visa in 1993. VISA is accepted at
    over 23 million locations around the world including over 700,000 ATMs. The
    Internet address for Visa is www.visa.com.
    Tourism Vancouver's focus is on building exceptional customer
    relationships with meeting planners, travel influencers, travel media and
    independent tourists. Our efforts generate demand for the destination, thereby
    creating value for members and stakeholders. Innovation, partnership, research
    and accountability guide our approach. We utilize person-to-person and
    technology-based sales, marketing and visitor servicing activities to achieve
    results. Through positive positioning of both the organization and the
    destination, our leadership benefits the society, culture, environment and
    economy of Greater Vancouver.


    Logos, product and company names mentioned are the property of their respective owners.

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