GBTA Canada Builds Committee Offering
The Global Business Travel Association (GBTA), the world's largest business travel association, launches five new regional committees as GBTA Canada continues to evolve and increase its local presence.
The Global Business Travel Association (GBTA), the world's largest business travel association, launches five new regional committees as GBTA Canada continues to evolve and increase its local presence.
Owned by Manga Hotels, the newly renovated Crowne Plaza Toronto Airport, an IHG hotel, debuts a fresh start.
A new brand identity heralds an exciting future for Vancouver's hospitality industry.
STR data for 27 December 2020 through 2 January 2021 showed Canada's hotel industry with slightly higher occupancy compared to the previous week.
The Global Business Travel Association (GBTA), the world's largest business travel association, has expanded its local presence in Canada with a number of new appointments to the GBTA Canada Advisory Board as we head into 2021.
STR data for 20-26 December 2020 showed Canada's hotel industry with lower occupancy compared to the previous week.
STR data for 6-12 December 2020 showed Canada's hotel industry with flat occupancy compared with the previous week.
The COVID-19 pandemic has transformed the climate for hotel lending in Canada. At the start of the year, the hotel sector was preparing for a down cycle in 2020 because the market had been riding high for the past 11 years, since the end of the Great Recession in 2009. Nevertheless, cautious optimism was the general sentiment heading into the New Year—the national lodging market remained healthy, and RevPAR levels were at a record high at the beginning of 2020.
STR data for 29 November through 5 December 2020 showed Canada's hotel industry with slightly lower occupancy compared to the previous week.
STR data for 22-28 November 2020 showed Canada's hotel industry with slightly lower occupancy from the previous week.
Hotel History: The Château Frontenac (611 rooms). Listed as a National Historic Site of Canada, the Fairmont Le Château Frontenac is among the nation's most celebrated historic landmarks. This spectacular retreat is located in the heart of Old Québec, which served as the seat of colonial French power in North America over the better part of two centuries.
STR data for 15-21 November 2020 showed flat occupancy from the previous week for Canada's hotel industry.
STR data for 8-14 November 2020 showed slightly lower occupancy from the previous week for Canada's hotel industry.
HVS and STR are pleased to provide you with the quarterly report of the Canadian Lodging Outlook. Each report includes occupancy (occ), average daily rate (ADR), and revenue per available room (RevPAR) for six major markets.
Cabot, the developer and operator of master-planned golf resort communities, announces its third resort with Cabot Revelstoke in British Columbia. The resort is set amid the majestic Monashee and Selkirk Mountain Ranges, known as an alpine adventure mecca and the "heli-skiing capital of the world." Cabot Revelstoke will feature the dramatic views, world-class golf, exceptional hospitality and luxury real estate that the brand has become known for. The Cabot portfolio includes the acclaimed Cabot Cape Breton resort in Nova Scotia and the highly-anticipated Cabot Saint Lucia resort currently in development in the Caribbean.
STR data for 1-7 November 2020 showed slightly higher occupancy from the previous week for Canada's hotel industry.
STR data for 25-31 October 2020 showed slightly lower occupancy from prior weeks for Canada's hotel industry.
With President Trump's surprise victory in 2016 likely being a contributing factor to a 2.1-percentage-point slowdown in the compound annual growth rate (CAGR) of international tourism in the US*, a second term for the Trump administration - combined with the ongoing impact of COVID-19 - does not provide the US tourism sector with a great deal of optimism, says GlobalData, a leading data and analytics company.
STR data for 18-24 October 2020 showed slightly higher occupancy, but lower rates from prior weeks for Canada's hotel industry.
STR data for 11-17 October 2020 showed slightly lower performance from prior weeks for Canada's hotel industry.