As reported in the recently released Construction Pipeline Trend Report for Canada by Lodging Econometrics (LE), at the close of Q1 2023, the country’s hotel construction pipeline currently stands at 283 projects/37,683…
The Economic Club of Canada (ECC) hosted a conversation with Peter Routledge from the Office of the Superintendent of Financial Institutions (OSFI) on April 27th in Toronto. Routledge discussed OSFI’s Annual Risk…
In the recently released United States Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts detailed the leading franchise companies and their brands in the construction pipeline at the close of…
Canada’s hotel occupancy was its highest since October 2022, according to STR‘s March 2023 data.
Booking.com has released new research, with insights gathered from more than 33,000 travellers across 35 countries and territories, that highlights a dilemma where people feel potentially forced to choose between…
Year-end 2022 results saw the industry register a RevPAR of $109, or a result comparable to the results of 2018 and 2019.
Travel is rebounding from the COVID pandemic more quickly than expected, with widespread global interest in experiencing all that Canada has to offer, but Canadian tourism businesses are operating with more than 100,000…
STR has significantly expanded the forward-looking component of its product offering through the launch of 104 new Forward STAR markets/submarkets in the U.S. and Canada.
Canada’s hotel performance increased from the previous month, with February revenue per available room (RevPAR) exceeding 100 Canadian dollars for the first time on record, according to STR’s February 2023 data.
American Express Global Business Travel (Amex GBT) has reported that it expects total business travel spending to grow by 24 per cent in 2023 to reach over a trillion dollars.
