Canada hotels record first occupancy decline in three months
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.
Slated to open in 2027, RIMAP Hospitality has announced that it has broken ground on the Renaissance Marriott Ottawa—a 230-room hotel in downtown Ottawa situated at 395 Slater Street.
Renaissance Marriott Ottawa will be part of a 35-storey highrise that will also feature 270 rental apartment units, a restaurant, a bar and 6,000 square feet of meeting space. The newly built hotel will reportedly include amenities such as a pool, gym and yoga room.
“We are thrilled to announce that we have broken ground for our latest venture - the Renaissance Downtown Ottawa. This exciting project represents a significant milestone, infusing the heart of Ottawa with unparalleled luxury and modern sophistication. With its exceptional design and top-tier amenities, the Renaissance Downtown Ottawa is poised to deliver a truly distinctive and memorable experience for all our guests. Stay connected for more updates and exclusive details about this remarkable development,” says Stéphane Pelletier, regional general manager, RIMAP Hospitality.
RIMAP Hospitality Services Inc. is a Montreal-based hotel management company that was founded in 2007. RIMAP manages several internationally branded hotels in the Montreal area under Marriott, Hilton and Intercontinental hotels group banners and is now expanding its portfolio into the downtown Ottawa market.
RIMAP-managed properties that are part of the downtown Montreal skyline include the Honeyrose, the Hilton Garden Inn, the Courtyard Marriott, the Holiday Inn & Suites and the AC Marriott Montreal.
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.
Opened in 2019 as the largest Residence Inn in the world, the 390-suite Residence Inn Calgary is a 33-storey property located in the Beltline District in downtown Calgary.
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