Canadian hotel performance mirrors U.S.’ | hotelnewsnow.com

Every day we hear—and the data confirm—how the current economic environment is taking a toll on the U.S. hotel industry. Supply is outpacing demand, resort destinations are struggling, luxury chain scales are reporting negative revenue-per-available-room growth, and the list goes on. What has all of this U.S. economic turmoil meant for our friends to the north?

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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...