Canada Performance for Week Ending 15 December 2012
In year-over-year comparisons, occupancy rose 5.6 percent to 52.4 percent, average daily rate was up 2.6 percent to CAD$121.65 and revenue per available room increased 8.3 percent to CAD$63.70.
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This report is Deloittes second Global Mobile Consumer Survey, providing a unique insight into the mobile consumer behavior of 26,960 respondents across 15 countries (Argentina, Belgium, Brazil, Canada, Croatia, France, Finland, Germany, Japan, Mexico, Russia, South Africa, Turkey, United Kingdom, and the United States).
FTFs annual Student Travel Trends Report, derived from thousands of blogs submitted to the 2012 Teen Travel Writing Scholarship competition, reveals that international travel among 13 to 18-year-olds continues to rise.
Recent research on consumers' use of restaurants and retailers for social catering found three-year compound annual growth rates projected at 5 percent or better for several market segments.
With overall average hotel prices up 7 percent and air prices up nearly 2 percent over Christmas (travel December 22-26), those looking for a great deal this season can use Hotwire's extensive pricing research to find the best destinations for maximizing their travel dollars.
For many, implementing an innovation strategy, which requires changes within an organization, means adding layers of new processes. Lisa Bodell, author of Kill the Company: End the Status Quo, Start an Innovation Revolution, argues that there are straightforward ways to make change without bogging down the organization. Bodell insists that whether an organization is doing exceptionally well or struggling, now is the time to address weaknesses and issues so that innovation can begin. Knowledge@Wharton spoke with Bodell recently about her approach to getting companies to face their vulnerabilities, why taking risks are essential and why small changes make all the difference.
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