2012beof-111206092256-phpapp02

Pricing strategies will continue to be a challenge in

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Unformatted text preview: g: Price erosion has a detrimental effect on industry profitability. Pricing strategies will continue to be a challenge in 2012. • The hassle factor: Increased security lines, late flights, packed airplanes, and congestion in the skies have made air travel an ordeal. Highway congestion continues to be an issue, and the combination of all these elements makes travel less pleasant and causes visitors and locals to question whether they should just stay home. • The tight state tourism promotion and marketing budget: Budget cuts continue to have an effect, requiring the industry to make its marketing dollars work harder. < PAGE 78 91 2012 Colorado Business Economic Outlook Other Services T Repair and Maintenance Services he Other Services Supersector is comprised of three sectors: Repair and Maintenance; Personal and Laundry Services; and Religious, Grantmaking, Civic, Professional, and Similar Organizations. Because this sector provides services for the general population, changes in populatio...
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