maandag 13 oktober 2008

Problems for other sectors due to the financial crisis.


The financial crisis has not only consequences for the banks in Belgium but also the Hotel and Catering Industry, travel agencies and the real estate sector feel the effects. The decline in the travel sector is mainly due to the decrease in business trips, this also results in less clients for the hotels and restaurants. Another reason for the problems is that companies economize and want to save on costs of congresses, business diners and business trips.
The decrease of activities in the Hotel and Catering Industry creates pressure on the prices of this sector.

Mathias Vanderdonckt

http://www.deredactie.be/cm/de.redactie/economie/1.395630

1 opmerking:

EcoEnglish zei

OK!

this also --> which also
less --> fewer
diNNers
decrease in the number of ...
final stce not clearly linked to the rest