CFO Capital has arranged construction financing and opening of the 120-Key Holiday Inn Express Toronto Airport.
“This is another excellent example of the perseverance of Hoteliers that constructed during the pandemic. Faced with challenges including multiple interest rate hikes, high volatility of construction costs, lack of trades, construction stoppages/restrictions during Covid, and to finally open up in a market with record high RevPars,” says the CFO Capital team.
Located near downtown Toronto, near Toronto Pearson Airport–the hotel is located close to highways 401, 407, and 400. It also offers easy access for both corporate and leisure travellers.
The latest Lodging Econometrics (LE) data from Q3 2024 reveals unprecedented growth in Canada's hotel development pipeline, with key indicators suggesting an expansion phase is underway. The total pipeline has reached a…
On October 29th and 30th, the 2024 Western Canadian Lodging Conference (WCLC) took place at the Hyatt Regency, Vancouver, B.C., bringing together over 300 hospitality leaders and stakeholders from across the industry to…
CASE STUDY PROFILE: Feature from the FALL 2024 ISSUE of STAY Magazine
From September 3–5, 2024, Avendra hosted its “Annual Client Appreciation and Supplier Showcase,” a gathering that has become an event to look forward to for the Canadian hospitality industry.
