Welcome!

Agile Computing Authors: Elizabeth White, Sematext Blog, Janakiram MSV, Pat Romanski, Dana Gardner

News Feed Item

2012 BMO Holiday Travel Outlook: Majority of Canadians Heading Out of Town This Holiday Season

- Six out of 10 Canadians are planning a vacation during the upcoming holidays

TORONTO, ONTARIO -- (Marketwire) -- 12/16/12 -- A strong Canadian dollar and a relatively stable economy has fuelled Canadians' desire to get away this coming holiday season. According to the 2012 BMO Holiday Travel Outlook released today, six out of 10 Canadians (60 per cent) say they expect to travel over the winter holidays.

Furthermore, the report found:


--  Canadians plan to spend an average of $563 on travel during the holiday
    season this year 
--  While more than one-third (39 per cent) will travel within their home
    province, one-in-five (19 per cent) plan to leave the country over the
    holidays 
--  The most popular destination outside of Canada will be the United
    States, with 13 per cent of Canadians heading south of the border 
--  Those in Atlantic Canada are the most likely to travel over the holidays
    (80 per cent), with those in Quebec the least likely to travel (41 per
    cent) 
--  Travelers will be younger, with almost three-quarters (74 per cent) of
    Canadians under 30 planning to travel compared to 42 per cent of those
    65 and over 

The report also revealed the top travel destinations among Canadians this holiday season, which include:


----------------------------------------------------------------------------
Within home province                                                     39%
----------------------------------------------------------------------------
Within Canada                                                            12%
----------------------------------------------------------------------------
U.S.A.                                                                   13%
----------------------------------------------------------------------------
Mexico                                                                    3%
----------------------------------------------------------------------------
Other overseas destinations                                               8%
----------------------------------------------------------------------------

"The holiday season can be expensive for many Canadians, especially for those who plan to travel during that time," said Nick Mastromarco, Director, BMO Bank of Montreal. "Affordability remains an important factor when deciding on an appropriate vacation destination, and reward programs provide a practical and convenient way for more Canadians to take advantage of a broad array of redemption options, and upgrade their vacation experience without breaking the budget."

To help fund their travel plans, the report revealed that Canadians' use of reward points is on the rise. Two out of 10 Canadians (21 per cent) plan to travel on reward points this year, up seven per cent over last year.

To make travel more affordable this holiday season, BMO offers Canadians the following tips that will stretch their vacation travel dollars so they can get away sooner:

- Redeem points to offset vacation costs: A flexible loyalty program, such as the BMO Rewards or the AIR MILES Reward Program, lets you redeem reward currency for flights, cruises and other package holidays, train travel, hotel stays, passes to local attractions and redeem for instant savings off your fuel purchases. With BMO Rewards, if you don't have enough points to redeem for your trip, you can use what you have and then "top-up" with cash - for any amount.

- Use the credit card's travel insurance: Premium cards typically offer insurance, among other benefits. Bank of Montreal's BMO Rewards World Elite credit card provides trip interruption and/or cancellation insurance, travel medical insurance, rental car collision damage waiver coverage and other benefits such as airport VIP lounge passes and concierge service. These benefits can substantially reduce travel costs. Know and use the card features and benefits. When in doubt, call the bank's contact centre or check online for confirmation.

- Shop around for the best rewards program: Look at the value and flexibility of the program and whether it offers other perks such as travel, merchandise, cash back, financial products or charitable donation options. For example, with BMO AIR MILES World credit card customers earn 1 AIR MILES reward mile for every $15 they spend using the card and get an exclusive 25 per cent discount on the number of reward miles required to book AIR MILES flights.

- Stick to one loyalty program: Consolidate all purchases on a single card to accumulate rewards faster and reach your travel destination goal sooner. Doing this also makes it easier to track and monitor your spending.

The survey results cited above are from an online survey conducted by Pollara with a random sample of 1,000 Canadians 18 years of age and over between October 11 and October 16, 2012. A probability sample of this size would yield results accurate to +/- 3.1 per cent, 19 times out of 20.

About BMO Financial Group

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. With total assets of $525 billion as at October 31, 2012, and more than 46,000 employees, BMO Financial Group provides a broad range of retail banking, wealth management and investment banking products and solutions.

Contacts:
Media Contacts:
Matt Duffin, Toronto
(416) 867-3996
[email protected]

Valerie Doucet, Montreal
(514) 877-8224
[email protected]

Laurie Grant, Vancouver
(604) 665-7596
[email protected]

Internet: www.bmo.com
Twitter: @BMOmedia

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business in 2016. However, IoT is far more complex than most firms expected. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, a renowned visionary and thought leader, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology and business models to adopt and leverage IoT. He will drill down to the components in this fra...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
Is the ongoing quest for agility in the data center forcing you to evaluate how to be a part of infrastructure automation efforts? As organizations evolve toward bimodal IT operations, they are embracing new service delivery models and leveraging virtualization to increase infrastructure agility. Therefore, the network must evolve in parallel to become equally agile. Read this essential piece of Gartner research for recommendations on achieving greater agility.