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Travel industry optimism

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Canadian traveller accommodation industries are relatively optimistic about the near future, with about 30 per cent feeling that room nights booked and occupancy rates will be higher in the second quarter of 2005 and only 20 per cent of them expecting to see lower rates. The top business impediments identified by traveller accommodation industries are general economic conditions (32 per cent) and excess room supply (25 per cent). Labour shortages are also a concern with 21 per cent expressing concern about a shortage of skilled labour and 19 per cent suggesting that availability of unskilled labour poses a problem.

— Statistics Canada

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