Hotels to crowd Alberta resort

Article Abstract:

The Canadian federal government has already given its confidential approval to a proposal that calls for a 28% increase in the hotel space at Lake Louise in Alberta, Canada. Secret memorandums indicate that the federal government has authorized the construction of a 13,805-sq-m convention center at the Chateau Lake Louise. Critics have stated that the approval of the convention center is an indication that there will be a construction boom in the area. Secretary of State for Parks Andy Mitchell responded to the reports by saying that he has stopped some of the hotel development efforts and that he has decreased the number of overnight tourists for the area to slightly over 3,000.

Comment:

Alberta: The federal govt gives its approval to a proposal that calls for a 28% increase in hotel devt in Lake Louise in Aberta

Government regulation (cont), Alberta, Article

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Resort develop Intrawest gets a revenue lift from acquisitions

Article Abstract:

Resort development company Intrawest Corp of Vancouver, British Columbia, has posted a profit of C$51.5 million on revenue of C$920.7 million for the FY ended June 30, 1999. The company had earnings of C$41 million on C$601.7 million in the previous fiscal year. The company attributed to improvement to its core ski and resort holdings which registered a 57% growth in revenue to C$577.7 million during the year.

Sales, profits & dividends

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Native-run resorts give meetings special flavour

Article Abstract:

Canada's First Nations groups operate several resorts throughout the country. Many companies which book business meetings there find that the cultural experience is memorable for employees.

Services information, Hotels and motels, Marketing

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