STR: 2023 charts show 85 per cent of hotel markets exceeding 2019 RevPAR
Analysis by Eddie Yeung STR's global “bubble chart” update for 2023 shows 85 per cent of markets with revenue per available room (RevPAR) higher than 2019.
Analysis by Eddie Yeung STR's global “bubble chart” update for 2023 shows 85 per cent of markets with revenue per available room (RevPAR) higher than 2019.
Ray Gupta, chairman and CEO of Sunray Group Hotels and CFO Capital have arranged the acquisition financing for the Hampton Inn and Suites by Hilton Calgary Airport, Calgary, Alta.
BFL Canada, a leader in the Risk Management, Insurance Brokerage, and Benefits consulting Industry, has announced its inclusion in Forbes’ list of Canada’s Best Employers 2024, ranking 193 out of 300. STAY Magazine…
According to the year-end Lodging Econometrics (LE) Construction Pipeline Trend Report for Canada, the country ended 2023 at 294 projects/38,396 rooms, a mere 11 projects short of the country’s peak of 305 projects…
INTELLIGENCE PROFILE: feature from the WINTER 2024 issue of STAY Magazine Hotel and travel trends around Q1 2024, by the numbers...
The Alberta Hotel & Lodging Association (AHLA) has joined forces with the BC Hotel Association to create the Canadian Hospitality Health Plan (CHHP)—after undertaking a review of its employee benefits program…
Policy & The Law PROFILE: feature from the WINTER 2024 issue of STAY Magazine With Alnoor Gulamani, president, Bayview Group of Companies
Toronto Metropolitan University (TMU) is has announced that Steve and Rashmi Gupta have made a gift of $1 million in support of Ted Rogers School of Management and its students through The Gupta Family Foundation.
REPRESENTATION MATTERS PROFILE: feature from the WINTER 2024 issue of STAY Magazine
IHG Hotels & Resorts (IHG) has underlined its growth in the Luxury & Lifestyle segment.
Choice Hotels International Inc. has acquired the remaining 50 per cent stake in Choice Hotels Canada from joint‑venture partner InnVest Hotels, moving from a master franchising model to full direct franchising in…
Niagara Falls-based Fallsview Group has expanded beyond Ontario with the acquisition of the Hyatt Regency Calgary, marking the company’s first venture into Western Canada.
Pacific Reach Properties and the Dilawri Group of Companies have acquired The Ritz-Carlton, Toronto, one of Canada’s best-known luxury hotels, in a joint partnership. The property will continue to operate under the…
Construction is officially underway on the Hyatt Centric Old Town, marking the first new hotel development in Victoria in nearly two decades.