Horwath HTL has released its annual "Canada Hotels & Chains" report, which examines the country’s hospitality industry, highlighting its growth despite challenges such as inflation and interest rates.
The Americas is the only world region that showed a year-over-year increase in pipeline activity at the end of the first quarter, according to March 2024 data from CoStar.
Last week, the provincial government released its 2024 Budget, entitled Building a Better Ontario—a budget that continues to reflect the Province’s immediate priorities to build new infrastructure and expand and…
According to a recent STR report by Dana Miller, a shift in consumer behaviours may lead some hoteliers to believe there are blurred lines within customer segmentation and that categories no longer serve a clear purpose.
Canada’s hotel industry reported a third consecutive month of occupancy declines but continued growth in average daily rate (ADR), according to CoStar’s February 2024 data.
Cushman & Wakefield has released its “Canadian Lodging Overview 2023” report. In 2023, the Canadian Hospitality market reached a significant milestone, eclipsing 2019 market occupancy finishing the year at 65.7 per…
Choice Hotels International, Inc. has reported its fourth quarter and full-year 2023 results.
Analysis by Isaac Collazo, Chris Klauda, Will Anns
According to a report by SiteMinder, Hotel Booking Trends, reveals that international travellers accounted for the majority (51 per cent) of the country’s hotel arrivals in 2023—a 27 per cent increase from the previous…
According to the first UNWTO (UN Tourism, a specialized agency of the United Nations) World Tourism Barometer of the year, international tourism in 2023 ended at 88 per cent of pre-pandemic levels, with an estimated 1.3…
