Ontario Tourism and Hospitality Industries to Lose $2 Billion in Revenue With More People Staying Home on New Year Eve: Survey

Ontario Tourism and Hospitality Industries to Lose $2 Billion in Revenue With More People Staying Home on New Year Eve: Survey
People watch the fireworks during the New Year's Eve celebrations held at Nathan Phillip square in Toronto, Canada, on Jan. 1, 2019. Tijana Martin/The Canadian Press
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Waiters, bartenders, and workers in the tourism industry are once again feeling the impact of the pandemic-related closures on New Year’s Eve, as more Ontarians plan to welcome 2021 at home.

An online survey of 1,091 adults revealed that Ontarians spend an average of $366 on New Year Eve in a typical year. But on the last day of the tumultuous 2020 year, residents in the province plan to spend an average of $170.