Latest Posts

Gregor Resch Fairmont regional VP
News

PEOPLE update as of September 22, 2020

Terry Sanders new EVP development at Aimbridge. Radisson Hotel Group announces its new Americas development team. New president for Restaurants Canada. Jonathan Korol takes over at AHIP. Franck Arnold joins the Savoy in…

Knightstone Hotel Group
News

Stone and Borotsik join Knightstone

Knightstone Capital Management Inc. (“Knightstone”) is excited to announce the formation of the Knightstone Hotel Group (“Knightstone Hotels”). Knightstone Hotels is a strategic partnership between Knightstone Capital…

Hotels Canada Brian Flood Cushman Wakefield PROMO1
Intelligence

Brian Flood on the recovery of Canadian hotels

TORONTO — Brian Flood, VP and practice leader for Cushman & Wakefield’s Hospitality and Gaming Group, weighs in on where Canadian hotels are on the path to recovery, and the challenges they face.

Days Inns Prototype Lobby 1
News

Designed‑in‑Canada Days Inn G3 Prototype

TORONTO — Days Inn Canada has released G3 prototype for new-construction. Leveraging the latest trends and owner insights, it features flexible layouts that integrate comfort and innovation to elevate the guest…

Getty Images 1075993466
News

Saving $250,00+ in property tax

HALIFAX — After several years of operating losses, CBRE assisted a hotel client by filing an appeal on their property tax assessment. CBRE helped facilitate a substantial reduction on behalf of the client, resulting in…

Jo anne and Morgan Family Beachwood
News

Ontario resort was saved by the summer

BUCKHORN, Ont. — The spring months were difficult for Beachwood Resort as weddings and conferences cancelled due to COVID-19. But they were able to open up and salvage the summer, with a few changes in their guest…

Shutterstock 1111602161 1
News

STR Canada results week ending Aug. 29, 2020

STR data for August 23-29, 2020 showed lower performance from prior weeks for Canada’s hotel industry. Two provinces reached a 50 per cent occupancy level: Prince Edward Island (55.8 per cent) and British Columbia (53.5…

CBRE Property Tax Picture
News

CBRE helps hotels save property tax 

TORONTO — Although most hotel revenues and operating expenses have decreased in the current environment, property taxes will likely continue to increase. Hotel owners should be considering how best to address this…

Trump International Hotel Vancouver Interior copy
News

REOPENINGS SALES AND RENOS Sept. 8, 2020

Trump Hotel Vancouver closes. Sunray takes over Owens Hospitality, Saskatchewan. St. Regis Hotel opened Sept. 1. Fall back into Ontario travel at The Drake. Naramata Inn now serving lunch. Tea in the window returns.

Shutterstock 183285929 copy 1
Recommended

Clifton Blake: Is hotel financing available?

The question we get asked the most from borrowers, lenders and even non-hotel people is simply, “Is Hotel Financing Available Right Now?” The simple answer is MAYBE.