CFO Capital has announced the arrangement of hotel construction financing for a two-phase project in Quebec.
Abutting the Hoteliers' Days Inn Montreal Airport Hotel and utilizing excess land, CFO Capital has arranged hotel construction financing for a two-phase project comprising a 191-room Holiday Inn Express and a 183-room Staybridge Suites by IHG with underground parking located minutes from Montreal-Pierre Elliott Trudeau Airport.
Rendering courtesy of CFO Capital
Canada’s tourism industry is on track for measured growth in 2025, with potential tailwinds from a weakened Canadian dollar and evolving domestic spending patterns. According to a recent report from the Business…
Germain Hotels and Reliance Properties have announced a recent partnership to open Le Germain Hotel Vancouver.
Spanish hotel chain RIU Hotels & Resorts is set to open its first Canadian establishment, the Riu Plaza Toronto, in late 2025. This addition will expand the company's urban portfolio to 12 properties worldwide.
Canada’s hotel average daily rate (ADR) and revenue per available room (RevPAR) were its highest for any February on record, according to data from CoStar.
