HSBC Hotels & Seniors Housing CRE team's Bill de Haan posted a recent update regarding the new Hyatt Centric Toronto City Centre Hotel & Residences by Manga Hotels.
The Hyatt Centric Toronto City Centre Hotel & Residences is slated to open sometime in the fall/winter of this year. The upcoming Hyatt property located on 203 Jarvis Street, Toronto, ON–will feature 240 luxury suites, a fitness centre, and an upscale restaurant serving international cuisine. The residences will also offer 180 high-end upscale rental apartments (furnished and unfurnished) with stunning city views and top-of-the-line finishes.
The HSBC team took part in celebrations at the topping-off party for Manga Hotels for the upcoming project in downtown Toronto.
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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.
