This report examines the short-and medium-term economic and profitability outlook for Canada’s Accommodation Industry.
Canada’s Accommodation Industry: Industrial Outlook Winter 2015
Canada’s Accommodation Industry: Industrial Outlook Winter 2015
Industry Economic Analysis
$895.00
- International Tourism—Tourism activity is growing quickly worldwide. And Canada has benefited—the number of non-U.S. residents visiting Canada has increased significantly in the past five years
- Prices—The available supply of rooms in Canada has fallen short of demand, boosting occupancy rates and prices.
- Labour Costs—Wage rates are expanding more quickly in accommodations than in other service industries, and changes to the Temporary Foreign Workers Program could exacerbate this trend.
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