The Canadian Industrial Outlook Service includes detailed five-year forecasts in 16 key Canadian industries. The report examines the short- and medium-term economic and profitability outlooks for these industries.
Canada’s Accommodation Industry: Industrial Outlook, Winter 2009
Canada’s Accommodation Industry: Industrial Outlook, Winter 2009
Industry Economic Analysis
$1,225.00
Key Issues
- Global Financial Crisis—Travel is generally discretionary, and businesses and consumers are cutting back in response to the loss of confidence that has followed in the wake of the global financial crisis.
- Travel Affordability—Lower oil prices have increased the affordability of travel in general, while the weaker Canadian dollar has increased the affordability of Canada as a destination. This is reducing the negative effects of the recession.
- Vancouver Olympics—The Vancouver Olympic Games will support the industry’s expected recovery in 2010.
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