Hotel REITs are making a comeback

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After a period of devastating impacts, hotel REITs experienced steady improvement in 2022, augmented by resilient leisure travellers. While hotel performance remains strong, macro-economic and geo-political headwinds...

Globalization continues to push hotel demand

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A new era of globalized tourism is coming. And, while the current economic headwinds may delay the return to pre-pandemic levels of tourism growth, there is little...

Investors are finding promising opportunities in the hotel sector

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With inflation, rising interest rates, supply-chain challenges, and the fallout from the pandemic, it would be natural to assume that the risk landscape has deterred investors. But...

The hotel industry needs a strategic approach to address the labour crisis

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The slow-moving tsunami that was building over the years has finally hit our shores. It’s easy to draw quick, mostly anecdotal conclusions to what caused this to...

Lenders are back in the hospitality game

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As the world approaches the one-year mark of when the hospitality market re-opened, it’s encouraging to see how quickly Canadian operating metrics have bounced back to 2019...

Appetite for lodging investment remains high despite challenges

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Overall, the Canadian hotel-investment market performed well in 2022, and the appetite for lodging investment remains high despite challenges with increasing interest rates and some economic uncertainty....

Underwriting hotel deals has shifted after COVID-19

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Hotel insurance is all about assessing risk – something that has become even trickier within a more volatile climate crisis. In fact, a 2020 study conducted by...

Hotelier: David McBean, Watermark Beach Resort, Osoyoos, B.C.

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Throughout his extensive career as a hotelier, David McBean has been able to transition seamlessly between global brands and independent properties, while bringing passion and talent to...

From the Editor: New Hope for a New Season

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With a new season, comes new hope for the year ahead. After three years of turmoil and turbulence, all indicators are showing positive news for the Canadian hotel...

Mixed-use properties bring in diverse revenue streams

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With commercial property prices continuing to soar, developers are determined to squeeze profit out of every square inch of any square footage available. Enter mixed use. A...