This report examines the short-and medium-term economic and profitability outlook for Canada’s Accommodation Industry.
Canada’s Accommodation Industry: Industrial Outlook Summer 2011
Canada’s Accommodation Industry: Industrial Outlook Summer 2011
Industry Economic Analysis
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- Business Profitability—As business activity intensifies and profitability improves, companies in all sectors will put more salespeople back on the road and organize more meetings and conventions.
- Economic Uncertainty—Consumer and business confidence have eroded in recent months, causing some to revise their travel intentions.
- Prices—The industry saw its prices and revenues per room decline in recent months as demand weakened.
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