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 Chelsea Hotel, Toronto has debuted some exciting changes, including a C$25 million dollar refurbishment.
The investment—the most extensive since 2013, included 600 guestrooms in the Executive Tower, hotel corridors throughout the hotel, modernization and refurbishment of the Executive Tower elevators. Additionally, there was a refurbishment of Market Garden Restaurant including new carpet and furniture, while its full-service restaurant, Elm Street Bar & Lounge, has undergone a remarkable enhancement. This included an expansion to double the seating capacity and the addition of new furniture and lighting.
The impressive redesign for the Executive guestrooms includes:
New carpet, wallcovering, drapes, lighting, mattresses, televisions and artwork.
Case good surfaces covered with a stone cap
Bathroom lighting and tub glazing
These rooms are the ideal choice for guests looking for comfort and stylish design. Appropriate for leisure or business stays, our Executive Tower is characterized by soothing colours, natural light and wood/marble furnishings. Starting at 325 sq. ft., guests can select from king or two double beds. Room amenities include; private balcony access in the majority of rooms, Nespresso coffee machines, 50" flat screen TV, in-room safe, electric kettle, mini-fridges and views of the downtown core.
The scope of the corridor refurbishment includes the replacement of carpet, wall vinyl as well as refreshing trim and doors. For the late fall, the hotel is engaging in a Wi-Fi upgrade investment of C$2.3 million and will offer our guests a significant improvement for streaming multiple devices. Hong Kong-based Great Eagle Group, owner of the hotel since 1996, assumed management under its subsidiary, Langham Hospitality Group on July 1, 2013. The owner has invested over $54 million since the re-branding.
With these enhancements, the hotel continues to raise the bar and remains at the forefront in terms of service and value within the competitive hotel market in Toronto. "This renovation is another very exciting phase in the life of the Chelsea. A newly vibrant and fresh environment, the Chelsea delivers everything one could need at exceptional value," says Josef Ebner, regional vice president, Canada and managing director, Chelsea Hotel, Toronto.
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…