Canada’s hotel industry reported a third consecutive month of occupancy declines but continued growth in average daily rate (ADR), according to CoStar’s February 2024 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Newport Hospitality Group (NHG), a premier hotel development and management company, has enhanced its long-time partnership with SalesAndCatering.com by transitioning its portfolio of hotels to the cutting-edge STS Cloud platform. Successfully upgrading 22 properties to the cloud-based version of STS will make it easier for the group to manage multiple properties from a single platform and provide a unified view to streamline processes, improve service quality, and ultimately increase revenue.
Thoughtful design details are revealed in Hilton Toronto's reimagined guest rooms and elevated restaurant experience.
GBTA is excited to announce that Janette Acosta Sanchez has been named to lead GBTA Canada, effective immediately. Reporting to Cristina Scott, SVP Americas, Janette will have responsibility for the continued growth and success of GBTA's membership, advocacy and volunteer programs in Canada. As Country Director-Canada, she now oversees the bringing together of constituents and focus areas at multiple Canadian events throughout each year, culminating in the annual GBTA Canada Conference, which Janette and GBTA are hosting this year at the Beanfield Centre in Toronto, April 22-24.
Canada’s hotel industry showed lower occupancy but continued growth in average daily rate (ADR), according to CoStar’s January 2024 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Visionary real estate developer Peter Freed of Freed Developments announces first-ever Freed Hotel and Residences tower located at Adelaide and Duncan, just west of University. This $800M skyscraper will bring both Katsuya by Sam Nazarian's Disruptive Group by sbe and artwork by renowned Japanese artist Takashi Murakami to Toronto. Designed by Chicago-based tall building experts Adrian Smith + Gordon Gill Architecture, renowned for the next world's tallest and most luxurious skyscraper Jeddah Tower in Saudi Arabia, as well as Central Park Tower in New York, the project will feature 100 five star luxury hotel rooms and 400 luxury condominiums with a world class Skybar/restaurant on the 63rd floor, boutique spa, and a 10,000 sq ft Katsuya Restaurant on the 2nd floor.
Group business is back in a big way. In-person events are returning to their pre-COVID normal pace. In 2024, 81 percent of meetings will have an in-person component in them. A recent study by Deloitte anticipates that by 2024, business travel spending will return to its level before the pandemic. This view is echoed in Accor's data, which shows in their latest survey regarding client business travel that 57 percent of those surveyed anticipate a budget increase for travel in 2024 compared to 2023.
According to the year-end Lodging Econometrics (LE) Construction Pipeline Trend Report for Canada, the country ended 2023 at 294 projects/38,396 rooms, a mere 11 projects short of the country’s peak of 305 projects achieved in Q4 2019. Canada’s pipeline is up 10% by projects and 7% by rooms, year-over-year (YOY).
Coast Hotels Limited, a fully owned subsidiary of APA Hotel Canada, Inc. and one of North America’s fastest-growing and one of Canada’s largest hotel brands, is pleased to announce the addition of two new franchise properties in historic and vibrant downtown Dawson City, Yukon. The introduction of Eldorado, a Coast Hotel, and Midnight Sun, a Coast Hotel, marks a significant milestone in Coast Hotels commitment to providing exceptional accommodations in unique and culturally rich destinations.
Canada’s hotel average daily rate (ADR) and revenue per available room (RevPAR) were the highest for any year on record, according to CoStar’s 2023 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Today, JONO Developments Ltd. ("JONO") and Hotel Equities ("HE") announced the official opening of Moxy Halifax Downtown. The 160-room hotel, owned by JONO and operated by Hotel Equities, is the first Moxy hotel to open in Canada. Moxy Hotels is part of Marriott Bonvoy, Marriott International's portfolio of over 30 extraordinary brands, award-winning travel program, and endless experiences.
Vancouver's legendary city retreat to unveil reimagined accommodations and revived culinary and beverage spaces in 2024.
As expected, Canada’s hotel performance fell month over month, but continued a stretch of year-over-year growth, according to CoStar’s November 2023 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, celebrates upward momentum for the extended stay segment in Canada. With *3 new regional extended stay openings in 2023 and an additional *16 in the pipeline, the category is gaining significant traction among both Canadian business and leisure travellers seeking economical, long-term accommodation.
Calgary Hotel Marks Debut of MOD, a Newly Introduced Soft Brand by Sonesta.
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.
Following seasonal patterns, Canada’s hotel performance fell month over month, but continued a stretch of year-over-year growth, according to CoStar’s October 2023 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
IHG Hotels & Resorts (IHG), one of the world's leading hotel companies, recently celebrated the opening of a new Crowne Plaza hotel in Saint John, New Brunswick, Canada, following a conversion and extensive renovation. Located minutes from Saint John Airport, and within walking distance to downtown Saint John, Crowne Plaza Saint John Harbour View offers guests coastal allure and unrivaled views of the port city.
Coast Hotels Limited, a fully owned subsidiary of APA Hotel Canada, Inc. and one of North America's fastest-growing and one of Canada's largest hotel brands, is pleased to announce the opening of its latest franchised property in Burnaby, British Columbia. Coast Metro Vancouver Hotel officially opened its doors to guests on November 07th and is offering a comfortable and convenient stay for travelers visiting Vancouver and the Lower Mainland region.
Arch Amenities Group, a full-service global provider of wellness, spa and amenity management and meeting services for commercial and residential properties, hotels, private clubs and pools, today announced its expansion into Canada with the acquisition of Personal Best Health and Performance Inc., a Canadian leader in corporate wellness services.