CFO Capital has announced the arrangement of acquisition financing of the Ramada by Wyndham and the new Coast Hotel located in the tertiary market of Weyburn, Saskatchewan.
Canada’s hotel industry achieved continued performance gains through average daily rate (ADR), according to CoStar’s June 2024 data.
Patty Hajdu, Minister of Indigenous Services, alongside Chief Darcy Bear of the Whitecap Dakota Nation, have announced $15 million to support the construction of the first thermal-style spa in Saskatchewan, Dakota Dunes…
Wyndham Hotels & Resorts has reported Q2 2024 earnings of comparable adjusted EBITDA growth, despite a normalizing domestic RevPAR environment, driven by solid net room growth, higher royalty rates and ancillary fee…
A wildfire that has been raging in Jasper National Park for days has reached the townsite, forcing evacuations and causing significant damage to buildings and infrastructure including two hotels—the Fairmont Jasper Park…
CBRE has released its latest report entitled AI’s Impact on Hotels. AI and technology are poised to revolutionize the hotel industry, driving efficiencies, altering relationships, and creating new competitive…
Toronto-based Skyline Investments has placed another four of its U.S. hotels under contract for sale.
Employees at the Bonaventure Hotel in downtown Montreal walked off the job over the weekend, demanding better pay, working conditions and training. This follows the 24-hour surprise strike held by workers at the Queen…
Days Inns - Canada has announced, for the second year in a row, an impactful donation to Food Banks Canada in aid of their Food For All initiative.
Two of the world regions, the Americas and Asia Pacific, showed a year-over-year increase in hotel pipeline activity at the end of the second quarter, according to June 2024 data from CoStar.
Canada’s tourism industry is on track for measured growth in 2025, with potential tailwinds from a weakened Canadian dollar and evolving domestic spending patterns. According to a recent report from the Business…
Colliers Hotels has confirmed the sale of the 102-room Hampton Inn & Suites Ottawa-West, marking a significant transaction in one of the country’s most active real estate markets.
Hyatt Hotels Corporation and Princes Gates Hotel Limited Partnership have announced that Hotel X Toronto will join the Destination by Hyatt brand, marking the brand’s entrance into Canada.
The Luxury Collection, part of Marriott Bonvoy’s global portfolio, has made its official entry into Atlantic Canada with the addition of Muir, a Luxury Collection Hotel, Halifax. Located in the Queen’s Marque district…