
Canada hotels report record‑high February ADR and RevPAR
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.
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.
Vancouver’s hotel industry was the strongest in Canada in 2024, leading key performance metrics across major markets, according to a recent report by Avison Young and as reported by Business in Vancouver.
The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 1 March.
Hotel Capital Connection (HCC) took place on February 18th in Toronto. Industry leaders provided a comprehensive outlook on market trends, deal-making strategies, tax planning, and financing conditions shaping the…
Canada’s hotel industry reported positive performance year over year, driven by growth in room rates, according to January data from CoStar.
Canada’s hotel industry is expected to achieve significant growth in 2025, driven by sustained travel demand, major international events, and robust economic conditions, according to the latest CBRE report, U.S. Hotels…
The Q4 2024 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that the global hotel construction pipeline continues its upward trajectory, reaching a new all-time high project count…
Halifax’s hotel market is undergoing a significant revitalization, driven by strong population growth, increasing capital investments, and several major infrastructure projects, according to a recent report by By Lea…
Canada’s hotel average daily rate (ADR) and revenue per available room (RevPAR) were the highest for any year on record, according to CoStar’s 2024 data.
Canada’s hotel investment market saw significant growth in 2024, with total transaction volume reaching $2.0 billion, a 16 per cent year-over-year increase, according to Colliers’ INNvestment Canada Hotel Report Q4…