The Canadian hotel investment market has shown significant resilience and growth in the second quarter of 2024, according to the latest INNvestment Canada Hotel Q2 2024 Report by Colliers.
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.
In July 2024, Canada's job market exhibited signs of stagnation, shedding a net total of 2,800 jobs, according to data released by Statistics Canada.
The Q2 2024 Canada Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that at the close of the quarter, there are 322 projects/40,297 rooms in the country’s total pipeline.
The BMO Real Financial Progress Index reveals a growing number of Canadians, notably Gen Z, are using artificial intelligence (AI) to help manage their finances and investments.
Canada’s hotel industry achieved continued performance gains through average daily rate (ADR), according to CoStar’s June 2024 data.
CBRE has released its latest report entitled AI’s Impact on Hotels. AI and technology are poised to revolutionize the hotel industry, driving efficiencies, altering relationships, and creating new competitive…
Two of the world regions, the Americas and Asia Pacific, showed a year-over-year increase in hotel pipeline activity at the end of the second quarter, according to June 2024 data from CoStar.
Destination Canada’s Quarterly Tourism Snapshot monitors the state of Canada’s tourism sector, and the recently published Q1 2024 report revealed that total tourism revenue for the first quarter of 2024 was a healthy…
The U.S. hotel industry reported higher performance results from the previous week and positive comparisons year over year, according to CoStar’s latest data through 29 June.
