Hotel Construction Pipeline in Canada shows increase in Q1 2024
The latest Hotel Construction Pipeline Trend Report for Canada from Lodging Econometrics (LE) reveals, at Q1 2024, there are 314 projects/39,628 rooms in the total pipeline.
The latest Hotel Construction Pipeline Trend Report for Canada from Lodging Econometrics (LE) reveals, at Q1 2024, there are 314 projects/39,628 rooms in the total pipeline.
After four consecutive months of year-over-year declines, Canada’s hotel industry reported a marginal lift in transient occupancy, according to CoStar’s March 2024 data.
According to the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there are 6,065 projects with 702,990 rooms in the pipeline.
Booking.com has released new research, with insights gathered from more than 31,000 travellers across 34 countries and territories, exploring the latest consumer attitudes, priorities and influences related to…
In 2023, Canada's tourism demand soared, setting a new record with $113.4 billion in visitor spending.
Horwath HTL has released its annual "Canada Hotels & Chains" report, which examines the country’s hospitality industry, highlighting its growth despite challenges such as inflation and interest rates.
The Americas is the only world region that showed a year-over-year increase in pipeline activity at the end of the first quarter, according to March 2024 data from CoStar.
Last week, the provincial government released its 2024 Budget, entitled Building a Better Ontario—a budget that continues to reflect the Province’s immediate priorities to build new infrastructure and expand and…
According to a recent STR report by Dana Miller, a shift in consumer behaviours may lead some hoteliers to believe there are blurred lines within customer segmentation and that categories no longer serve a clear purpose.
Canada’s hotel industry reported a third consecutive month of occupancy declines but continued growth in average daily rate (ADR), according to CoStar’s February 2024 data.