Canadian Hoteliers See Some Rate Success | HotelNewsNow.com

Canadian hoteliers had some modest success pushing rate last year—but they could still stand to be even more aggressive. Delivering the kickoff address of the Hotel Association of Canada’s Annual Conference at the Sheraton Centre Toronto Hotel Monday morning, STR chairman and co-founder Randy Smith said average daily rate in Canada rose 2% to CAD$129 (US$132.59) in 2010. U.S. ADR growth was essentially flat last year.

Read the full article
Operations & Strategy Operations & Strategy USA & Canada Canada

CoStar Group, Inc. (NASDAQ: CSGP) is the leading provider of commercial real estate information, analytics and online marketplaces. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and...