Man pushing numbers over from 2021 to 2022

Analysts say 2022 was a pivotal year for the Canadian hospitality industry

According to a recent Canadian Lodging Industry Overview: Hospitality & Gaming released by Cushman & Wakefield’s Valuation & Advisory team, 2022 will be remembered as a pivotal...

Increased leisure demand drove the start of an industry rebound in 2021

Early in 2021, expectations by industry analysts were that it would be a year of modest but positive recovery for the Canadian hotel industry as restrictions were...

Sustainability initiatives are key to the industry’s path forward

When the pandemic finally ends, the hope is that tourism will come back better and stronger than ever. This has resulted in renewed and heightened focus on...

The Franchise Report: What Lies Ahead for Hotel Franchising

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Hotel franchise companies spent much of 2020 in defense mode, responding to the COVID-19 crisis with franchisee-support packages, new policies and procedures and heightened levels of communication,...

The 2019 CBRE Hotels Market Forecast

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NATIONAL MARKET FORECAST In 2018, national occupancy remained steady at 66 per cent and Revenue Per Available Room (RevPAR) increased by 5.5 per cent. This was largely...

Pursuing Excellence: The 2019 Hospitality Market Report

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The hospitality industry’s business models are founded on the strategic and operational pursuit of excellence in order to create ever-lasting corporate, community and country brand loyalty. But...

The Top 50 Report: Record Tourism Paved the Way for Growth

It was a banner year for Canada’s tourism industry. In 2018, the country hosted 21.13-million international tourists — the highest number on record — according to Vancouver-based Destination Canada. This is the...

Good Runway Ahead: Coverage of the 2019 Investment Roundtable, produced in partnership with Marriott...

Rosanna Caira: How would you best characterize 2018 for your company? Don Cleary: For Marriott, 2018 was the year we unified and consolidated our merger with...

Industry Overview: Moderating Hotel Performance May Prompt Investors to Jump Back into the Market

Following two years of near-peak investment levels, Canadian transaction volume dropped by 60 per cent in 2018, falling to $1.4 billion — 22-per-cent lower than the 10-year...

The Broker Report

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Amy Bostock: How would you characterize Canadian hotel valuations in 2018? Mark Sparrow: Outside of the Prairies, which continued its climb out of a slower operating period, Canadian...