STR: Canada’s record‑high hotel ADR outpaced inflation in 2023
Canada’s hotel average daily rate (ADR) and revenue per available room (RevPAR) were the highest for any year on record, according to CoStar’s 2023 data.
Canada’s hotel average daily rate (ADR) and revenue per available room (RevPAR) were the highest for any year on record, according to CoStar’s 2023 data.
Four Seasons is capitalizing on key market opportunities and luxury service leadership to set forward on a path that builds strategic global growth—by growing its residential portfolio with luxury journeys such as its…
Horwath HTL has released its 2024 United States Hospitality Market Report.
CFO Capital has announced its recent institutional financing for the London Extended Stay (LES) hotel in London, Ont.
Hilton Hotels has partnered with Paris Hilton’s 11:11 Media company on Roblox, where users will be able to earn real-world Hilton Honors travel rewards through the gaming platform.
Hyatt Hotels Corporation announced its expected growth trajectory for 2024, underscored by a record year of deal signings in 2023. STAY Magazine interviewed James (Jim) Tierney, SVP of real estate and development at…
Four Points by Sheraton Penticton at the Convention Centre, B.C., which opened earlier this month directly across the street from Penticton Trade and Convention Centre—is a six-storey, 121-room hotel owned and operated…
The Tourism Association of Ontario (TIAO), Skift and Twenty31 Consulting Inc. have partnered to launch the TIAO Ontario Traveller Perception and Behaviour Monitor, the definitive quantitative-based market research study…
BWH Hotels has announced the expansion of its upscale brands in key North America markets with the addition of seven new properties being welcomed to the portfolio in Q4 2023.
Wyndham Hotels & Resorts has confirmed receipt of a notice from Choice Hotels International, Inc. of its intent to nominate directors to the Wyndham board of directors at the company’s 2024 annual meeting of…
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.