Canada hotels record first occupancy decline in three months
After three consecutive months of year-over-year increases, Canada’s hotel industry recorded a decline in occupancy, according to CoStar’s July 2024 data.
The City of Calgary has launched Phase 2 civic engagement on short-term rentals.
The Calgary Hotel Association, along with support from its partners Alberta Hotel & Lodging Association, Hotel Association of Canada and Tourism Industry Association of Alberta (TIAA), have been on a multi-phase policy support project with the City of Calgary on further regulation, management and taxation of short-term rentals.
The City of Calgary and the University of Calgary are collaborating on a multi-year study of Calgary's short-term rental (STR) market through the Urban Alliance partnership. Its goals are to gain an in-depth understanding of Calgary’s STR market and the challenges and opportunities it presents, and to use this knowledge to recommend an updated regulatory approach for STRs that:
Public engagement is a key component of this research. Calgarians and interested parties have the opportunity to share experiences and provide feedback during two phases of engagement. Phase 1 (Fall 2023) was focused on understanding public attitudes about the STR market and its various impacts, pressures, and benefits. Phase 2 is now underway.
From the Short-Term Rental Study and Phase 1 engagement report, it knows the following about Calgary’s short-term rental market:
Share feedback and help shape short-term rental (STR) regulations in Calgary:
After three consecutive months of year-over-year increases, Canada’s hotel industry recorded a decline in occupancy, according to CoStar’s July 2024 data.
Opened in 2019 as the largest Residence Inn in the world, the 390-suite Residence Inn Calgary is a 33-storey property located in the Beltline District in downtown Calgary.
In January 2025, STAY Magazine will host this new and exclusive event that will bring together Canada’s top hotel property-level leaders to share industry knowledge and look to the future on topics of the greatest…
Four Seasons Hotel Toronto has announced its partnership with the 2024 Toronto International Film Festival (TIFF) presented by Rogers, transforming the luxurious venue into a hub of cinematic glamour and excitement…