Author:
Destination Vancouver
destination vancouver.webpdestination vancouver.webp
Language:
English

Destination Vancouver 2024 Business Sprint

September 2024
City
Destination Strategy

The "Destination Vancouver 2024 Business Sprint" outlines key strategic initiatives, performance insights and forward-looking objectives aimed at positioning Vancouver as a leading global destination. This document provides a comprehensive analysis of the DMO's progress, challenges and opportunities, serving as a roadmap for stakeholders to align with the city's vision for sustainable growth and innovation.

The core strategic priorities centre on fostering innovation, leveraging digital transformation and enhancing operational efficiency. A key focus is expanding into new markets and customer segments while strengthening partnerships across industries. By deepening stakeholder engagement and reinforcing Vancouver’s competitive positioning, these initiatives aim to drive long-term success and ensure adaptability in an evolving global tourism and business landscape.

A thorough review of performance metrics highlights key indicators, showcasing positive trends such as increased market share, enhanced revenue streams and stronger brand presence. While these achievements signal growth, the analysis also identifies critical operational challenges that require targeted improvements to optimise efficiency and overall performance.

However, Destination Vancouver must navigate challenges such as market volatility, intensifying competition, supply chain constraints and shifting regulatory landscapes. To mitigate these risks, proactive strategies have been implemented, ensuring resilience and agility in addressing potential disruptions. By maintaining a forward-thinking approach, the DMO is well-positioned to manage uncertainties while sustaining momentum in achieving its objectives.

Looking forward, the strategic roadmap emphasises continued investment in cutting-edge technology and innovation, coupled with a strong commitment to environmental, social and governance (ESG) principles. Sustainable growth remains a top priority, with clearly defined revenue targets and expansion plans for the upcoming fiscal year. By focusing on these pillars of success, the DMO is set to establish Vancouver as a model of excellence, fostering a culture of continuous improvement and strategic foresight.

Contents:

  • 2024 Market Plans. Business Insights Overview

Canada

  • Consumer Marketing
  • Market Development
  • Meetings & Conventions

United States

  • Consumer Marketing
  • Market Development
  • Meetings & Conventions
  • Destination Events

United Kingdom

  • Market Development
  • Meetings & Conventions

Germany

  • Market Development

Australia

  • Consumer Marketing
  • Market Development

Asia

  • Consumer Marketing
  • Market Development

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Destination Vancouver 2024 Business Sprint

September 2024
City
Destination Strategy

The "Destination Vancouver 2024 Business Sprint" outlines key strategic initiatives, performance insights and forward-looking objectives aimed at positioning Vancouver as a leading global destination. This document provides a comprehensive analysis of the DMO's progress, challenges and opportunities, serving as a roadmap for stakeholders to align with the city's vision for sustainable growth and innovation.

The core strategic priorities centre on fostering innovation, leveraging digital transformation and enhancing operational efficiency. A key focus is expanding into new markets and customer segments while strengthening partnerships across industries. By deepening stakeholder engagement and reinforcing Vancouver’s competitive positioning, these initiatives aim to drive long-term success and ensure adaptability in an evolving global tourism and business landscape.

A thorough review of performance metrics highlights key indicators, showcasing positive trends such as increased market share, enhanced revenue streams and stronger brand presence. While these achievements signal growth, the analysis also identifies critical operational challenges that require targeted improvements to optimise efficiency and overall performance.

However, Destination Vancouver must navigate challenges such as market volatility, intensifying competition, supply chain constraints and shifting regulatory landscapes. To mitigate these risks, proactive strategies have been implemented, ensuring resilience and agility in addressing potential disruptions. By maintaining a forward-thinking approach, the DMO is well-positioned to manage uncertainties while sustaining momentum in achieving its objectives.

Looking forward, the strategic roadmap emphasises continued investment in cutting-edge technology and innovation, coupled with a strong commitment to environmental, social and governance (ESG) principles. Sustainable growth remains a top priority, with clearly defined revenue targets and expansion plans for the upcoming fiscal year. By focusing on these pillars of success, the DMO is set to establish Vancouver as a model of excellence, fostering a culture of continuous improvement and strategic foresight.

Contents:

  • 2024 Market Plans. Business Insights Overview

Canada

  • Consumer Marketing
  • Market Development
  • Meetings & Conventions

United States

  • Consumer Marketing
  • Market Development
  • Meetings & Conventions
  • Destination Events

United Kingdom

  • Market Development
  • Meetings & Conventions

Germany

  • Market Development

Australia

  • Consumer Marketing
  • Market Development

Asia

  • Consumer Marketing
  • Market Development