Advocates say short-term rentals listed on Airbnb are showing up in some Toronto condo buildings in concerning numbers, contributing to the deterioration of local neighbourhoods and the surge in rental prices, as reported by CBC News.
A new analysis of City of Toronto data by non-profit advocacy group Fairbnb Canada found that 600 short-term rentals, also known as STRs, are located within three condo buildings alone. The group’s executive director, Thorben Wieditz, says it raised concerns over whether these units are operating as “ghost hotels” without being zoned or taxed that way. In a statement to CBC Toronto, an Airbnb spokesperson says at a time when many are facing an affordability crisis, short-term rentals provide hosts the chance to earn additional income.
A wildfire that has been raging in Jasper National Park for days has reached the townsite, forcing evacuations and causing significant damage to buildings and infrastructure including two hotels—the Fairmont Jasper Park…
Slated to open in 2027, RIMAP Hospitality has announced that it has broken ground on the Renaissance Marriott Ottawa—a 230-room hotel in downtown Ottawa situated at 395 Slater Street.
The Hotel Association of Canada (HAC) has announced the appointment of Beth McMahon as its new president and CEO, effective September 16, 2024. An award-winning association leader, McMahon brings extensive experience to…
Days Inns - Canada celebrated the recent grand opening of its Summerside, Prince Edward Island hotel. The Days Inn & Suites received local officials, valued guests and media representatives at the event.
