INDUSTRY INSIGHTS

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In Focus: Niagara Falls Area, Ontario, Canada

The Niagara Falls, ON, region is seeing another record-breaking year in RevPAR growth. The rise in occupancy and average daily rate is expected to continue with the persistence of the weak Canadian dollar and the rise in US/international travellers.

Why New Restaurants Fail

The high failure rate of new restaurants can be attributed in part to a lack of understanding of the restaurant's market. This article addresses the need for a market study prior to the commitment of a major investment in a new restaurant.