Canada’s monthly hotel rates exceeded 2019 levels for the first time since the pandemic began, according to STR’s March 2022 data.
Two of the four world regions, the Americas and Asia Pacific, showed a year-over-year increase in hotel pipeline activity at the end of the first quarter, according to March 2022 data from STR.
Overall, tourism employment sees an uptick as the industry builds momentum toward recovery in the coming months; however, growth is hindered...
Skyline Investments Inc., the Canadian company that specializes in hotel real estate investments in the U.S. and Canada, has published its results for the year ended December 31, 2021. The Company currently owns 16…
Q4 2021 Canadian cap rates and investment insights CBRE Hotels.
Publicly traded hotel companies are reporting strong quarterly results in general, as published by Hotels Magazine in the U.S.
Colliers has released its Q42021 Transaction highlights for the Canadian hotel sector.
Despite stronger performance in the second half of 2021, Canada’s hotel industry reported revenue per available room (RevPAR) just 54.1 per cent of the pre-pandemic comparable, according to STR’s year-end data.
Asia Pacific is the only world region showing increased hotel construction activity in comparison with the end of Q4 last year, according to December 2021 data from STR.
Canada’s hotel industry reported slightly lower performance levels from the month prior, but indexed comparisons with 2019 were better, according to STR’s November 2021 data.