“Crisis” in the tourism sector

The tourism industry has been steadily growing in BC.  Employment projections for this sector have been optimistic thanks in part to momentum built up from the 2010 Winter Olympics. Storm clouds are now on the horizon however and some experts are concerned about the future of this industry.

Tourism growth has been fueled in recent years by a low dollar, a strong US economy and “reasonable” (in retrospect) gas prices. These conditions no longer exist and the potential influx of Chinese tourists has not yet materialized.

Most sectors experience slumps which can cause concern for job seekers those already working in the field. The good news is that the Olympic games will partially shield BC from a downturn in tourism activity and this sector has steadily grown over the last few decades. Next year, other global and economic factors may result in these storm clouds to dissipate.

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