This industry profile provides a five-year forecast for Canada’s Accommodation Industry.
Canada’s Accommodation Industry: Industrial Profile Autumn 2011
Canada’s Accommodation Industry: Industrial Profile Autumn 2011
Industry Economic Analysis
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- Business Profitability—As business activity intensifies and profitability improves, companies 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 rethink their travel arrangements.
- Prices—Prices and revenues per room have declined in recent months due to weakened demand.
