The first economic indicator of 2011 points that Tourism in Niagara Falls is still slow to recover.  Prices in January 2011, according to Hotwire.com, are down -1% in Niagara Falls.  This puts Niagara Falls, Ontario in 5th place in price drops compared to other Canadian markets. Niagara Falls did not do as bad as London, Ontario which experienced a price drop of -7%.

Hotwire.com January 2011 rankings are:

1    London, ON             -7%     
2    Banff, AB              -4%     
3    Quebec City, QC        -2%     
4    Vancouver, BC          -1%   
5    Niagara Falls, ON      -1%