Growth in room rates continues to drive Canada hotel industry
Canada’s hotel industry achieved continued performance gains through average daily rate (ADR), according to CoStar’s June 2024 data.
Canada’s hotel industry achieved continued performance gains through average daily rate (ADR), according to CoStar’s June 2024 data.
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…
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.
Destination Canada’s Quarterly Tourism Snapshot monitors the state of Canada’s tourism sector, and the recently published Q1 2024 report revealed that total tourism revenue for the first quarter of 2024 was a healthy…
The U.S. hotel industry reported higher performance results from the previous week and positive comparisons year over year, according to CoStar’s latest data through 29 June.
The millions of travellers who visit Toronto each year leave a dramatic impact on the community, spending over $8 billion and driving more than $12 billion in overall economic activity, a new study reveals. The study…
Canada’s hotel industry recorded its highest performance levels in eight months, according to CoStar’s May 2024 data.
A new report by SiteMinder, the hospitality software platform, has found that international arrivals are set to rise by 14 per cent from last year to 53 per cent of all check-ins this summer.
Building on its mission to make it easier for everyone to experience the world, Booking.com’s latest LGBTQ+ travel research reveals that travellers continue to face significant challenges.
The Canadian commercial real estate market is undergoing significant changes due to factors such as population growth, a housing crisis, and the necessity for increased density. The RE/MAX Canada 2024 Commercial Real…