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  • read between the lines
    July 02, 2010 - 13:23

    Quote: These numbers reflect a vibrant economy in a destination that has significant appeal to business and tourists alike.

    Let's take this into account when we read this article:

    A provincial sports tournament was cancelled last October due to the spread of H1N1 here in Newfoundland. It was rescheduled for (can't remember the exact date) Late January/Early February. For that time a large portion of St. John's was sold out for multiple nights as a direct result.

    This unexpected turn of events is partially the reason for the hike in rooms sold and shows that its not so much a trend we're experiencing, rather a random spike in accomodation sales. That being said the tournament is annual and will probably go ahead at the regular time again this year, so yes as it stands this will be a good year for hospitality properties and all others associated (restaurants, retailers etc.), but again, I'm doubtful if we can look at this as a trend as this article leads you to believe.

  • read between the lines
    July 01, 2010 - 20:07

    Quote: These numbers reflect a vibrant economy in a destination that has significant appeal to business and tourists alike.

    Let's take this into account when we read this article:

    A provincial sports tournament was cancelled last October due to the spread of H1N1 here in Newfoundland. It was rescheduled for (can't remember the exact date) Late January/Early February. For that time a large portion of St. John's was sold out for multiple nights as a direct result.

    This unexpected turn of events is partially the reason for the hike in rooms sold and shows that its not so much a trend we're experiencing, rather a random spike in accomodation sales. That being said the tournament is annual and will probably go ahead at the regular time again this year, so yes as it stands this will be a good year for hospitality properties and all others associated (restaurants, retailers etc.), but again, I'm doubtful if we can look at this as a trend as this article leads you to believe.