STR: Canada Hotel Results For Week Ending 22 June
The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of 16-22 June 2019, according to data from STR.
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Canada International Travel Information for Tourists
Canada is a wonderful country with vast woodlands, lakes, mountains, welcoming towns and vibrant cities. It is a unique culture and a country which has world heritage sites, amazing things to see and thrilling things to do.
2019 Canadian Hotel Lending Survey
Supported by the persistence of generally favourable economic conditions, the Canadian lodging market sustained a marked improvement in 2018, as evidenced by a record-breaking RevPAR performance. Interest in hotel development has been steadily increasing in recent years. While demand has remained strong for core markets with high barriers to entry, such as Vancouver, Toronto, and Montreal, lenders continue to look for opportunities in select secondary and tertiary markets with promising outlooks. Supported by the strong performance fundamentals, the financing environment in the hotel sector is currently favourable. As a result, many financial institutions that were not active in the hotel sector in the past are now looking for opportunities to enter the sector, especially in markets with high demand.
STR: Canada Hotel Results For Week Ending 8 June
The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 2-8 June 2019, according to data from STR.
STR: Canada Hotel Results For Week Ending 1 June
The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of 26 May through 1 June 2019, according to data from STR.
STR: Canada Hotel Results For Week Ending 25 May
The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of 19-25 May 2019, according to data from STR.
Canada’s Hotel Construction Pipeline Remains Strong With Double Digit Increases Year-Over-Year
Analysts at Lodging Econometrics (LE) report that at the close of the first quarter of 2019, the total construction pipeline in Canada remains strong with 264 projects/33,023 rooms. Construction pipeline projects and rooms are both up an impressive 11% year-over-year (YOY).
STR: Canada Hotel Results For Week Ending 18 May
The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of 12-18 May 2019, according to data from STR.
Canadian Lodging Outlook Quarterly 2019-Q1
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.
Canadian arrival of its modern and energetic boutique brand, GLō
Best Western® Hotels & Resorts this week celebrated the Canadian arrival of its modern and energetic boutique brand, GLō. This is the first GLō hotel to begin welcoming guests in Canada. An opening event was held to celebrate the innovative brand's arrival with brand executives, local dignitaries, friends and families.
STR: Canada Hotel Results For Week Ending 11 May
The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of 5-11 May 2019, according to data from STR.
STR: Canada Hotel Construction Down 8.7% In April
STR's pipeline data for Canada showed 63 hotel projects accounting for 8,011 rooms in construction as of April 2019. This represents an 8.7% year-over-year decrease in the number of rooms in the final phase of the development pipeline.
Hyatt Expected To Triple Canada Brand Presence By 2022
Hyatt Hotels Corporation (NYSE: H) today announced that more than 20 new hotels are expected to open in Canada by the end of 2022, tripling the global hospitality brand’s presence in the country. The newly announced properties include three hotels in the heart of downtown Niagara Falls, Ontario, expected to open in 2022: a dual-branded Hyatt Centric Niagara Falls and Hyatt Regency Niagara Falls project, with 150 guestrooms and 350 guestrooms, respectively, and the 200-room Hyatt Place Niagara Falls.
Hotel Equities Expands Its Reach In North America With New Office Location In Canada
Today, hotel owner, operator and developer, Hotel Equities (HE), announced the recent opening of its Canadian office located in Edmonton, Alberta. The new location encompasses all disciplines to support their growth in country. Andre Giannandrea has been named as regional director of operations, Tapan Malik as regional director of sales, Bryce Herder as regional revenue manager and Oscar Rodriguez as regional director of accounting.
Horwath HTL Industry Report: Canada Hotel Market 1st Quarter 2019
Within the hospitality real estate sector, it is commonplace for hotel developers, owners, and lending institutions to target to optimal product positioning for the hotel asset under consideration.
STR: Canada Hotel Results For Week Ending 4 May
The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 28 April through 4 May 2019, according to data from STR.
New Four Seasons Hotel Montreal Transforms The Luxury Hospitality Landscape With Dazzling New Property In The Heart Of Downtown’s Golden Square Mile
The highly anticipated Four Seasons Hotel and Private Residences Montreal, which is also home to MARCUS, the first Canadian outpost of renowned celebrity chef Marcus Samuelsson, is now open.
Hotel Equities Expands Canadian Portfolio With The Addition Of Six Hotels
Today, Atlanta-based Hotel Equities (HE), announced they have been selected as the strategic partner for Kelowna BC-based Braemar Group, to operate six hotels located in British Columbia, Saskatchewan and Alberta. The hotel portfolioconsists of four premier Choice branded hotels and one Best Western Plus currently open and operating, as well as a TownePlace Suites by Marriott hotel expected to open in Q3 2019.
Delta Hotels by Marriott Thunder Bay Opens Offering Premium Waterfront Experience in Prince Arthurs Landing
The much-anticipated Delta Hotels by Marriott Thunder Bay opens its doors today, featuring 149 premium guest rooms and suites - many with sweeping views of the city's famed Sleeping Giant. Located waterfront in Prince Arthur's Landing, Delta Hotels by Marriott Thunder Bay is the first 4-star hotel in the area.
STR: Canada Hotel Results For Week Ending 27 April
The Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 21-27 April 2019, according to data from ST