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Canadian Lodging Outlook Quarterly 2024-Q2

Canadian Hotel demand continues to outperform 2019 levels in terms of overall occupancy and is even neck and neck with 2018 which was Canada’s occupancy peak. ADR’s robust growth above inflationary rates at 4.3% YTD leads healthy RevPAR growth of 4.0% YTD June. In spite of inflation, deflated RevPARs are higher than pre-COVID levels. We have faced many headwinds with consumer disposable income constraints and geopolitical uncertainty; however, hotel performance continues to roar forward!

Steve Yates has been appointed as VP Operations, PME at Accor

Steve Yates has been appointed vice president of operations, PME at Accor where he has worked for close to seven years. His prior role was executive director, managed & franchised hotels premium and midscale brands - U.S. and Canada. Before that, he held roles at IHG, Preferred Hotels & Resorts, Penn National Gaming, Fairmont Hotels & Resorts and Delta Hotels and Resorts. 

The Iconic Rosewood Hotel Georgia Reopens Following Comprehensive Renovation

Renowned as Vancouver's most fashionable retreat, Rosewood Hotel Georgia reopens today following an extensive five-month renovation to unveil reimagined culinary concepts and luxury rooms and suites. The reopening also marks the debut of an entirely new dining destination, The Georgia Bar, further strengthening the property's robust culinary program and paying homage to the iconic and beloved personalities that once traversed through its corridors. Meticulously curated to serve as the ultimate gathering place for culturally minded travelers and local aesthetes, Rosewood Hotel Georgia celebrates the history and heritage of Vancouver within a modern setting, complemented by an array of singular experiences. First opened in 1927 as Hotel Georgia, the property was last renovated in 2011 when it was introduced as Rosewood Hotel Georgia.

Checking in at Fairmont Banff Springs and the Luxury Trend for More Intimate Guestrooms

For Canadians, Fairmont is not just a hotel brand but a fixture of our nation’s history. In the decades following the country’s confederation in 1867, towns that connected the Eastern hubs of Montreal, Toronto, Quebec and Ottawa with the still-budding Western ports of Vancouver and Victoria were few and far between. It fell up Canadian Pacific – the company that would eventually sell its hotel division to Fairmont Raffles Hotels International then to Accor in 2016 – to not only build a transcontinental railway but to erect a series of what we now deem iconic hotels along the route.

Four Seasons Hotel Toronto Unveils Multimillion-Dollar Guestroom Renovation

Four Seasons Hotel Toronto Unveils Multimillion-Dollar Guestroom Renovation Four Seasons | May 15, 2024 linkedin sharing buttonfacebook sharing buttontwitter sharing buttonemail sharing button Four Seasons Hotel Toronto Unveils Multimillion-Dollar Guestroom Renovation Four Seasons Hotel Toronto announces the completion of an extensive, multimillion dollar guest room renovation, enhancing the luxury experience for its guests from around the world. With a focus on elevating comfort, functionality, and aesthetic appeal, the redesign encompasses all 259 guest rooms including 42 suites within the Hotel.

Marriott International Supports Increased Leisure Demand in Canada

Marriott International’s presence in the Canadian market strengthened, as the company celebrated a 36 percent year over year increase in hotel-level leisure revenue in 2023. With 274 hotels currently open and 90 in the pipeline, several factors, including a dedicated focus on lifestyle, upper midscale and extended stay brands; as well as market-specific loyalty program offerings and partnerships, continue to drive the company’s success in Canada.