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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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