The Canadian hotel industry experienced positive results in the three key performance metrics during the week of 16-22 June 2013, according to data from STR. In year-over-year comparisons, occupancy rose 0.3 percent to 72.5 percent, average daily rate was up 1.0 percent to CAD$136.19 and revenue per available room increased 1.3 percent to CAD$98.76.
Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced that its Four Points by Sheraton brand continues its rapid expansion across Canada with the opening of Four Points by Sheraton Kelowna Airport. Owned by Argus Properties, Ltd. and managed by Pacrim Hospitality Services, Four Points by Sheraton Kelowna Airport offers 120 rooms and 4,500 square feet of market-leading meeting facilities in a convenient location near both the airport and downtown Kelowna. It is the 24th Four Points hotel to open in Canada, where the brand is on track to reach 27 hotels by the end of 2013.
The Canadian hotel industry experienced positive results in the three key performance metrics during the week of 2-8 June 2013, according to data from STR. In year-over-year comparisons, occupancy rose 2.8 percent to 72.1 percent, average daily rate was up 1.9 percent to CAD$142.69 and revenue per available room increased 4.7 percent to CAD$102.89.
Mr. McLaughlin was brought in to enhance the Company's growth and profitability for investments in hotel and resort acquisitions, mixed use developments. He will also guide the expansion of Sequel Hotels and Resorts. He will also guide the expansion of Sequel Hotels and Resorts. McLaughlin will play a key role in furthering Sequel Hospitality Investments' position as one Canada's leading hotel and resort investment, acquisitions and development groups. He will focus on a broad range of revenue growth, investment, positioning and marketing activities. Sequel Hospitality Investments Inc. unites highly complementary capabilities to invest, acquire, develop and reposition unparalleled assets with significant upside potential. SHI invests in the hospitality industry with its own funds and with accredited investors. "Given our pipeline of hotel, resort and real estate development properties which offer significant investment opportunities and operational synergies, we are primed for growth," said Robert McLaughlin, Sequel Hospitality Investments President & COO.
Ascend Hotel Collection® from Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest hotel companies, today announced the opening of its 100thhotel, a milestone for the portfolio of independent hotels launched in late 2008. The announcement was made at the company's annual convention in Los Angeleson the heels of a string of additions that marked the Collection's expansion into such top destinations as Las Vegas, Napa Valley, Sedona and Baltimore. Since the beginning of the year, Ascend Hotel Collection has opened 30 hotels, catapulting the portfolio to its landmark 100th hotel in less than five years.
The Fogo Island Inn, located on Fogo Island, off the remote northeast coast of Newfoundland, is perched on the very edge of the North Atlantic Ocean and surrounded by whales, seabirds and icebergs. The 29-room-and-suite property stands on crooked pilotis on the dramatic and rocky coastline, providing panoramic views through its wall-to-wall, floor-to-ceiling windows.
Polish director Tadeusz Bradecki helms the vivacious Guys and Dolls cast of Elodie Gillett as Sarah Brown, Kyle Blair as Sky Masterson, Jenny L. Wright as Miss. Adelaide, Shawn Wright as Nathan Detroit and Thom Allison as Nicely-Nicely Johnson — whose performances are consistently earning standing ovations during previews. Memorable performances from Aadin Church, Patty Jamieson, Billy Lake, Peter Millard and Kelly Wong round out this stellar production of the classic Guys and Dolls.
The Canadian hotel industry experienced positive results in the three key performance metrics during the week of 28 April-4 May 2013, according to data from STR. In year-over-year comparisons, occupancy rose 0.9 percent to 64.5 percent, average daily rate was up 1.5 percent to CAD$130.11 and revenue per available room increased 2.4 percent to CAD$83.92.
Toronto, Ontario - It's all about denim for Silver Hotel Group in May, as they support the CURE Foundation by celebrating National Denim Day on May 14th, and all month long, with the "Denim for the CURE" campaign! Silver Hotel Group and their participating hotels across the country have partnered up with Bluenotes Jeans to raise funds towards a breast cancer cure through creative denim inspired events, contests, promotions and donations.
The Canadian hotel industry experienced mixed results in the three key performance metrics during the week of 14-20 April 2013, according to data from STR. In year-over-year comparisons, occupancy fell 2.0 percent to 62.3 percent, average daily rate was up 1.5 percent to CAD$128.06 and revenue per available room decreased 0.6 percent to CAD$79.75.
The Global Business Travel Association, the voice of the business travel industry, today announced that they will be seeking a new regional director for GBTA Canada. Ms. Tanya Racz, who has served in this capacity for 9 years, resigned her position and will finish her role at the end of April.
Langham Hospitality Group, a subsidiary of Hong Kong-based Great Eagle Holdings Limited, is delighted to announce that the former Delta Chelsea - Canada's largest hotel, located in downtown Toronto - will be officially re-branded Eaton Chelsea , Toronto starting 1 July 2013. In its repositioning, the hotel will be the first of its kind in Canada and joins other Eaton Hotels located in Hong Kong, Shanghai and New Delhi.
Canada’s hotel development pipeline comprises 203 projects totaling 22,845 rooms, according to the March 2013 STR Pipeline Report. This represents a 15.4-percent increase in the number of rooms in the total active pipeline compared with March 2012.
The Canadian hotel industry experienced negative results in the three key performance metrics during the week of 24-30 March 2013, according to data from STR. In year-over-year comparisons, occupancy fell 9.7 percent to 54.9 percent, average daily rate was down 1.5 percent to CAD$121.95 and revenue per available room decreased 11.0 percent to CAD$66.89.
Damon Campbell has assumed the role of executive chef for Shangri-La Hotel, Toronto. Canadian Campbell has returned home after four years in Asia; most recently as executive sous chef at Edsa Shangri-La, Manila in the Philippines, a leading luxury hotel with six international restaurants. He first joined Shangri-La in 2008, working at the Shangri-La Hotel, Kuala Lumpur as chef de cuisine for the hotel’s award-winning signature restaurant, Lafite. During Chef Campbell's tenure, the restaurant won numerous "best fine dining in Kuala Lumpur" awards and he was nominated by Time Out magazine in 2009 for the 'Chef of the Year.' Before moving to Asia, Campbell spent seven years with Diva at The Met in Vancouver, British Columbia, a restaurant renowned for innovation. He also served as chef de partie at La Toque Blanche in West Vancouver (BC), an intimate dining room recognized by Gourmet magazine as one of the Top 20 Tables in North America. Campbell honed his skills at the world-renowned French Laundry in Napa Valley, California as chef de partie under the direction of Michelin-starred chef Thomas Keller.
Book4Time, Inc., the industry leader of cloud-based enterprise spa software has announced its successful completion of the ISAE 3402 type II audit, an international standard to make sure our clients' and their customer data and transactions are securely processed.
Ignite Business Event Expo (iBE) is back for 2013 with another fresh and absolutely unique trade show experience. The two-day Expo, for people who plan business events, takes place June 19-20 at the Direct Energy Centre in Toronto, and promises to be experiential, informative and fun!
The message from leading travel industry executives is clear: business travel in Canada is in a full recovery mode. Demand for air travel and hotel stays amongst business travellers is up in 2013, and business and meeting planning is growing exponentially, according to senior travel executives from Best Western International, Concur, the Global Business Travel Association (GBTA) in Canada and Vision 2000at the annual Business Travel Summit inTorontolast week.
The 2012 Canadian e-Tourism Awards for the travel and tourism industry will be presented at a special luncheon at Online Revealed Canada on April 4, hosted by Michele McKenzie, President and CEO of the Canadian Tourism Commission. The awards recognize the evolution and marketing power of the digital space, including social media and traditional consumer websites.
For the Canadian lodging industry, supply growth, at 0.5% was at the lowest level on record in 2012, but developers were nevertheless highly active in pre-planning, which is resulting in pent up supply increases going into 2013. Developers have been active yet prudent in dealing with increasing costs and competition. This article examines the status of Canadian hotel development activity in 2012 going into 2013 from various angles, including regional distribution, current trends in the types of property under development, the current environment for construction costs and financing, and developer attitudes.