The outlook for North America looks incredibly positive, which is sure to result in bountiful opportunities for independent hoteliers in the region. Despite constant political ups and downs, the US economy remains strong as does Canada’s. While the current administration’s protectionist policies are a concern for worldwide stability and economic growth, the US’s expected growth rate of 2.2 per cent for 2018 is higher than that of many European countries. Canada’s growth is set to outpace the US (at 3.1 per cent), with 15 of 20 major industries all showing a year-on-year increase.
