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 Alt Hotel Calgary University by Germain Hôtels Calgary has celebrated its grand opening reception.
The new Germain property is the second Alt Hotel in Calgary—located at 482 Mclaurin St, NW, Calgary, Alberta,in the heart of the expanding University District, and within walking distance from the University of Calgary and the Olympic Oval.
“This is an exciting property in an up-and-coming area of Calgary, and it was great to hear from Ward 7 Councillor Terry Wong on the vital role that hotels play within tourism in the city,” says the Calgary Hotel Association team.
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.
Ottawa’s hotel landscape is poised for a significant transformation over the next three years with the introduction of four major international hotel brands: AC Marriott, Moxy, Renaissance, and Hard Rock Hotel.
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…