STR: Canada Hotel Results For Week Ending 9 May
The Canadian hotel industry recorded steep year-over-year declines in the three key performance metrics during the week of 3-9 May 2020, according to data from STR.
The Canadian hotel industry recorded steep year-over-year declines in the three key performance metrics during the week of 3-9 May 2020, according to data from STR.
Analysts at Lodging Econometrics (LE) report that at the close of the first quarter of 2020, the total construction pipeline in Canada remains strong with 304 projects and an all-time high of 40,291 rooms. The construction pipeline is up an impressive 15% by projects and 22% by rooms, year-over-year (YOY).
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.
Showing further COVID-19 impact, the Canadian hotel industry recorded steep year-over-year declines in the three key performance metrics during the week of 26 April through 2 May 2020, according to data from STR.
Showing further COVID-19 impact, the Canadian hotel industry recorded steep year-over-year declines in the three key performance metrics during the week of 19-25 April 2020, according to data from STR.
Showing further COVID-19 impact, the Canadian hotel industry recorded steep year-over-year declines in the three key performance metrics during the week of 12-18 April 2020, according to data from STR.
Showing further COVID-19 impact, the Canadian hotel industry recorded steep year-over-year declines in the three key performance metrics during the week of 5-11 April 2020, according to data from STR.
Showing further COVID-19 impact, the Canadian hotel industry recorded steep year-over-year declines in the three key performance metrics during the week of 29 March through 4 April 2020, according to data from STR.
Showing further COVID-19 impact, the Canadian hotel industry recorded steep year-over-year declines in the three key performance metrics during the week of 22-28 March 2020, according to data from STR.
Showing further COVID-19 impact, the Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 15-21 March 2020, according to data from STR.
Best Western® Hotels & Resorts announces the opening of the brand new Best Western Premier Northwood Hotel Conference Centre. The newly built hotel opened its doors to guests as a Best Western Premier property offering modern décor, upscale amenities and superior service travelers have come to trust from the Best Western Premier Brand.
Reflecting the broadening concerns around the COVID-19 pandemic, the Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 8-14 March 2020, according to data from STR.
Global environmental concerns relating to climate change, rising carbon emissions, global warming, rising sea levels, and increased sea surface temperatures, among others, are at the forefront of today's concerns. These environmental issues cannot, and must not, be ignored, and they remain one of the primary concerns within the tourism and hotel industries. Sustainable development and operations within hotels are a large part of the equation in combating rising climate risks. This special market report aims to provide an overview of the sustainable practices within hotel operations and development, and their impacts on the profitability of real estate assets.
Canada's Prime Minister Justin Trudeau announced today (March 16, 2020) that the country will be barring entry to almost all non-Canadian travelers who are not citizens or permanent residents in an escalated effort to stop the spread of the coronavirus pandemic.
The Canadian hotel industry recorded mostly negative year-over-year results in the three key performance metrics during the week of 1-7 March 2020, according to data from STR.
Toronto is one of my favorite cities in the world. I have visited the Canadian capital of Ontario for decades and marveled at its ability to be a world-class metropolitan city with soaring skyscrapers as well as a remarkable dynamic landscape of cultures and people from around the globe. More than 50% of its population are minorities, and it creates the most vibrant community of neighborhoods, from Downtown to Yorkville and beyond.
The 127-suite Residence Inn by Marriott hotel in Mississauga, Ontario is set to open today with its upscale, stylish décor that offers flexibility, while creating a unique environment. Located at 2145 North Sheridan Way, the all-suite Residence Inn Mississauga Southwest will operate as a Marriott franchise, owned and managed by Easton's Group of Hotels of Markham, Ontario.
Rinck brings more than 30 years of international hospitality experience and has been with Hilton for nearly 12 years, previously serving for 10 years on the Executive Committee as the Area President for Asia Pacific (APAC). Rinck has served as the Global Head for Hilton's Luxury & Lifestyle group for the last two years. In his new role, he will oversee and lead the strategy for Hilton's portfolio of 18 world-class brands.
The Canadian hotel industry recorded mostly negative year-over-year results in the three key performance metrics during the week of 23-29 February 2020, according to data from STR.
The Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 16-22 February 2020, according to data from STR.