A new forecast for Calgary's hospitality industry suggests demand for hotel rooms is recovering after a bruising recession, but there are fears the outlook may be too rosy for a city that's seen a major drop in corporate travel. Still, the forecast notes this rise in demand will not be enough to fill all of the new rooms that have been built since the downturn. Still, an executive at Calgary's Hotel Arts said the forecast demand for rooms may be too optimistic. The industry sold a little more than three million hotel rooms in 2017, up about six per cent from the year before. Hotel rooms in Calgary cost an average of $143 per night last year, down from almost $145 in 2016.

Source: CBC News March 30, 2018 18:11 UTC