Canada's Accommodation Industry: Industrial Profile Autumn 2012

The Conference Board of Canada, 2 pages, November 30, 2012
Industry Profile
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This industry profile provides a five-year forecast for Canada's Accommodation Industry.

Document Highlights

  • Electronic Check-In—The adoption of electronic check-in technology can help lower hotels’ staffing requirements, as labour costs account for more than 60 per cent of the industry’s operating costs.
  • Tighter Budgets—A sluggish domestic economy has limited consumers’ and businesses’ travelling budgets.
  • Economic Uncertainty—Global economic growth has slowed significantly in recent months, affecting both consumer and business spending.

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