Horwath HTL Market Report: Canada Hotels & Chains Trends
The Canadian hotel industry has been flushed with news of mergers and acquisitions in recent years, while many of the major hotel companies have, and continue to, announce new brands within their portfolio, all designed to fit the needs of the ever-evolving hotel consumer.
Horwath HTL Canada have prepared the latest Market Report in order to provide a comprehensive snapshot of the hotels brands operating within the Canadian hospitality landscape. With over two-thirds of the hotel inventory being made up of hotels consisting of less than 50 rooms, it is not surprising that branded hotels make up only 26% of the Canadian hotel inventory. However, in terms of guestrooms, these hotels accounts for more than half of the national volume of available guestrooms.
This report will provide an overview of Canadian hotel brands, including a distribution of brands by chain scale, by province and by key city as well as an indication of the key performance indicators by chain scale over the past five years.
Click here to download our report
About Horwath HTL
Horwath HTL is focused one hundred percent on hospitality, tourism, and leisure consulting. Our services cover every aspect of hotel real estate investment, tourism, and leisure development. Our clients choose Horwath HTL because we have earned a reputation for impartial advice that will often mean the difference between failure and success. Each client project is unique, and they rely on us to utilize the experience we have gained throughout our 100-year history to assist them in achieving their goals. Being a global firm with 52 offices in 40 countries, we have successfully carried out over 40,000 assignments for both public and private clients. As part of the Crowe Global network, a top-ten accounting, and financial services network, Horwath HTL is the number one choice for companies and financial institutions looking to invest and develop in the industry.
For more information, please visit www.horwathhtl.com.
