ACRO Global Tourism Marketer Articles: Post Reply

Post Reply

Your Name:
Subject:
Comment Text: You may use BB Codes in your message.	[quote=David]<p><span style="font-size:16px;">There are currently 43 hotel development projects in the works in Canada, the largest in Toronto, Edmonton, Calgary and Ottawa.</span></p> <p><span style="font-size:16px;">What will have happened to hotel-room supply/demand by the time these projects are completed?</span></p> <p><span style="font-size:16px;">Currency analysts believe that in the near term, US infrastructure spending and tax cuts will cause the Fed to raise interest rates in December, and that the CAD will be trading at around US$0.70 by year-end.</span></p> <p><span style="font-size:16px;">If that happens, Canada tourism will be an even bigger bargain for Americans than it is now.</span></p> <p><span style="font-size:16px;">But the CAD has strengthened steadily throughout 2017 against the euro and other world currencies.</span></p> <p><span style="font-size:16px;">So getting American tourists is almost certainly the best strategy for Canadian hoteliers in 2017-2018.</span></p> <p><span style="font-size:16px;">After that? Stay tuned for updates.</span></p>[/quote]
Options:	Disable signature? Disable BB Codes?
Spam Prevention:

Post History (last 1 comment)

David

Posted 29 November 2017:

There are currently 43 hotel development projects in the works in Canada, the largest in Toronto, Edmonton, Calgary and Ottawa.

What will have happened to hotel-room supply/demand by the time these projects are completed?

Currency analysts believe that in the near term, US infrastructure spending and tax cuts will cause the Fed to raise interest rates in December, and that the CAD will be trading at around US$0.70 by year-end.

If that happens, Canada tourism will be an even bigger bargain for Americans than it is now.

But the CAD has strengthened steadily throughout 2017 against the euro and other world currencies.

So getting American tourists is almost certainly the best strategy for Canadian hoteliers in 2017-2018.

After that? Stay tuned for updates.