Tourism and Hospitality Opportunities in Alberta

Explore the business opportunities of tourism and hospitality in the scenic locations around Alberta

Home to the Calgary Stampede, Kananaskis, Bow Valley, and more, Alberta is the fourth largest Canadian province and has some of the country’s top destinations that attract people from all over the world.

The sector is flourishing, with an estimated CAGR of 5.4% between 2025-2035 and is expected to be valued at $25B. This interest and growth are a direct result of the province’s breathtaking beauty and the Government of Alberta’s continued dedication to facilitate economic prosperity in tourism. The province’s business-friendly tax environment, reduced red tape, and proximity to major commercial markets, like the Pacific Northwest and neighbouring US states, make it an ideal hub for tourism-related business growth.

Columbia Icefield Skywalk

© Travel Alberta. Photo by Mike Seehagel

Travel Alberta
All Seasons Resort Act

The All-Season Resorts Act is one of the Government of Alberta’s most recent efforts to facilitate the tourism and hospitality industry in the province. This Act establishes a new regulator for four-season commercial tourism developments in Alberta. Additionally, it creates a new classification of Public Lands zoned specifically for all-season resort developments called All-Season Resort Areas.

The All-Season Resorts Act is designed to strengthen investor confidence and provide regulatory clarity, positioning Alberta’s tourism sector as a premier global destination. This legislative framework offers multinational investors a stable, growth-oriented environment to capitalize on Alberta’s expanding visitor economy.

Connected vacation hubs

With easy global access through two of the largest international airports, Edmonton and Calgary are gateways to Alberta adventures and a connected home base for travellers. The award winning creative culinary and craft brewery scenes in both cities are matched by the breadth of arts and lifestyle activities to explore. More than $3 billion in tourism developments are currently under construction in Alberta, the commitment to grow the sector also invite further growth in accommodations and food services industries. 

Travel has become less about collecting social badges and more about experiences that allow us to get beneath the surface, connecting with both ourselves and the places and people we visit. It’s about self-actualization: reaching our full potential and being the best version of ourselves.

Global Citizen ranked Calgary (#1) and Edmonton (#3) the Best Places to Live in Canada.

Viewing deck on top of the Banff Gondola, Banff National Park, Alberta.

Travel Alberta photo by Noel Hendrickson

CASE STUDY

Scandinave Spa

With strategic backing from Travel Alberta and industry partners, the Edmonton spa stands as a landmark investment in the city’s tourism sector—integrating sustainable design with the rising global demand for wellness-focused travel experiences. This project exemplifies Alberta’s commitment to facilitating impactful, future-ready investments for multinational stakeholders in the visitor economy.

CASE STUDY

Skyridge Glamping

Attracted by Alberta’s exceptional natural assets and pro-investment climate, Skyridge Glamping launched one of the province’s first new tourism developments in Kananaskis in over two decades. Supported by Travel Alberta’s expertise in navigating regulatory frameworks, Skyridge set a benchmark for luxury experiences that prioritize environmental stewardship—demonstrating the province’s commitment to facilitating innovative, sustainable tourism investments for global partners.

Global connectivity

Alberta is served by three busy international airports, in Calgary, Edmonton, and Fort McMurray

2.3M

Overnight person visits to Alberta Parks camping sites in 2024

26.8M

Passengers to Alberta’s international airports 2024

Economically strong

Alberta enjoys an extremely well-developed tourism economy

38.1M

Total Person Visits (2024)

$14.4B

Tourism expenditures (2024)

$12.1B

Contributed to Alberta’s GDP (Tourism Industry Association, 2024)

260,000

Jobs supported by Tourism-related businesses in Alberta (Travel Alberta, 2024)

2

Alberta is home one of Canada’s national carriers and two of Canada’s ultra-low-cost airlines

Activities and Recreation

Alberta’s tourism industry leverages the province’s breathtaking beauty, diverse landscapes, all-year-round recreational opportunities, and immense potential

Greatest Outdoor Show on Earth

The Calgary Stampede generated over $540 million in economic benefit in 2024

Stunning mountain parks

6.1M visitors to Alberta’s three major national parks (Alberta Economic Dashboard)

Every season is festival season

Edmonton hosts more than 50 festivals every year — in both summer and winter

Outstanding natural beauty

Alberta boasts six of Canada’s 20 UNESCO World Heritage Sites

Sports & entertainment

Edmonton’s Ice District will be one of the largest sports and entertainment districts in the country

Olympic legacy

Alberta is a centre for high performance training and world cup competitions

Recent News

Big sky, big momentum:​ ​Alberta’s historic tourism surge signals prime investment opportunity

With 38 million visitors in 2024, Alberta’s tourism economy is seeing unprecedented international and domestic demand. This new record shows Alberta is leading Canada in year-over-year growth in visitor spend…

Read More

What the Alberta Advantage means for tourism operators and investors

Tourism operators have chosen Alberta as their destination for strategic expansion in North America. They are capitalizing on the province’s low taxes, stunning locations with international connectivity, and record-breaking visitor demand.

Read More

Beyond Banff: How Travel Alberta is engineering the next great tourism investment opportunity

Alberta is charting a bold new course for tourism investment based on extensive research into high-potential, untapped regions throughout the province.

Read More