This industry profile provides a five-year forecast for Canada’s Accommodation Industry.
Canada’s Accommodation Industry: Industrial Profile 2013
Canada’s Accommodation Industry: Industrial Profile 2013
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- Price Competitiveness—The World Economic Forum ranks Canada poorly in terms of ticket taxes and airport charges, making Canada an expensive destination for international travellers.
- Mobile Workers—Hotels are offering short-term office and meeting space in an attempt to lure back budget-conscience business workers.
- Domestic Economy—Canadian households, businesses, and governments are dealing with tight budget constraints, resulting in a weaker economy and slower growth for the accommodation industry.
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