Germain Hotels names Marie Pier and Hugo Germain co‑presidents in generational leadership shift
Second-generation executives to lead national expansion of family-owned hospitality brand
CFO Capital has arranged financing for the Sheraton Montreal Airport Hotel.
The 465-key hotel is a 299,920 sq. ft. full service property situated on 12.55 acres.
The hotel features 25,272 sq. ft. of meeting space, a 250-seat Eclipse Restaurant & Bar, and 590 surface parking spaces—positioning it as one of the premier airport hotels in Canada.
The Montreal airport hotel market is performing strongly, anchored by rising domestic and international traffic through YUL—Air Canada’s global hub. Demand is supported year-round by business travel from aerospace, logistics, and government sectors.
RevPAR and ADR have rebounded from pre-pandemic levels, aided by minimal new hotel supply. Infrastructure investments, including terminal expansions and the REM rail link to downtown, are expected to drive further growth. This makes the market highly attractive for stable, long-term hotel investment.
Second-generation executives to lead national expansion of family-owned hospitality brand
Canada’s hotel sector is showing signs of uneven pressure amid shifting economic conditions, according to the Hospitality Innsights Q1 2025 report by Cushman & Wakefield. The first quarter of the year saw moderate…
The 2025 Canadian Grand Prix wrapped this past weekend with near-capacity hotel bookings and significant increases in tourism-related spending, reaffirming the event’s role as a major contributor to Montreal’s…
The 47th annual NYU International Hospitality Investment Forum (NYU IHIF), operated by Questex, had top industry executives discussing the latest trends, economic influences and projections.