Hotels see rise in room occupancies
From Buffalo Business First:
Hotel room occupancy rates continued to rise through the first quarter of the year, mirroring other local statistics and economic factors that show the hospitality industry is climbing out of its slump.
According to statistics compiled by Smith Travel Research of Nashville, the occupancy rate in… Niagara Falls, hotel occupancy increased 1.6 percent in March and 1.2 percent for the first quarter. Occupancy in the Cataract City was 41.7 percent this past March, up from 41 percent a year ago and for the January-to-March period, it was 36.9 percent, compared to 36.4 percent.
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Bad news for tourism
From the Niagara Falls Review:
American pastures are looking a lot greener for Canadian shoppers after the loonie opened trading Wednesday at par with the U.S. dollar.
While parity may be nothing more than a psychological milestone, the northward march of the Canadian dollar against the greenback could see more people and jobs heading south.
And that’s bad news for the hospitality industry — the city’s economic backbone.
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NIAGARA FALLS FESTIVAL OF LIGHTS TO RISE AGAIN?
From WGRZ Channel 2 in Buffalo:
For two decades it reigned as perhaps Western New York’s premier winter time event. The Niagara Falls, NY Festival of Lights drew millions of tourists in a traditionally drab time of year for the hospitality industry, and once captured the American Bus Association’s coveted designation as the number one event in North America.
Beginning in 1981 travelers descended in droves upon the Falls for the festival’s annual 44 day run starting Thanksgiving weekend, to see the electric light parade, and the more than 1-million lights which twinkled in the Falls’ South End as well as indoor animated displays, concerts, and athletic events.
But by the time the new century began, the luster had worn off. Competing events sliced into the festival’s once unique status and corporations, notably Carborundum and Occidental, left Niagara Falls taking their sponsorship dollars with them.
Now, about a decade after the once vaunted event went dark, there are plans being laid for its return.
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Fardell quits Niagara Falls Tourism
From the Niagara Falls Review:
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