A new report released this week by NAIOP Greater Toronto shows that with weak post-pandemic demand for office space, there is a sharp risk of a significant oversupply in the Greater Toronto Area at least until 2041.
Canada’s hotel revenue per available room (RevPAR) came in above CAD100 for the third consecutive month, according to STR‘s April 2023 data.
According to the latest Europe Construction Pipeline Trend Report from Lodging Econometrics (LE,) analysts at LE report that at the close of the first quarter, the country’s hotel construction pipeline stands at 1,776…
According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE), China's total hotel construction pipeline stands at 3,659 projects/680,959 rooms at the end of Q1‘23, down 1 per cent by…
"Following a swift rebound in 2022, Canadian hotel investment sales surpassed $300 million during the first quarter of 2023. With more than $100M of closed volume so far in Q2 and sizeable deals in the pipeline, we…
As reported in the recently released Construction Pipeline Trend Report for Canada by Lodging Econometrics (LE), at the close of Q1 2023, the country’s hotel construction pipeline currently stands at 283 projects/37,683…
The Economic Club of Canada (ECC) hosted a conversation with Peter Routledge from the Office of the Superintendent of Financial Institutions (OSFI) on April 27th in Toronto. Routledge discussed OSFI’s Annual Risk…
In the recently released United States Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts detailed the leading franchise companies and their brands in the construction pipeline at the close of…
Canada’s hotel occupancy was its highest since October 2022, according to STR‘s March 2023 data.
Booking.com has released new research, with insights gathered from more than 33,000 travellers across 35 countries and territories, that highlights a dilemma where people feel potentially forced to choose between…
