Laura Baxter

Performance metrics for extended stay hotels have outperformed other hotels in the same classes. Over the past eight years, revenue per available room, or RevPAR, for extended stay hotels has ...

January results for Canadian hotels marked a positive start to 2025, with revenue per available room or RevPAR up 3.1%. Consistent with the ongoing trend, the average daily rate or ADR was the main ...

The mood was relatively upbeat at the Hotel Capital Connection conference at the Hotel Capital Connection conference held near Toronto Airport this past week, despite the economic uncertainty ...

The federal government recently announced that the increase in the inclusion rate for capital gains tax will be deferred until Jan. 1. This is a turnabout from last year's announcement that the ...

Hotel buyers were increasingly active in 2024, with sales of hotel properties in Canada’s six largest cities jumping 28% year over year.

Many hoteliers in Canada expect more U.S. visitors in 2025. The outlook is largely influenced by the historical relationship between the U.S. and Canadian dollar exchange rate and U.S. travel ...

Canda’s topline hotel operating performance is still expected to do well next year, even as supply growth in 2025 is now expected to outpace demand.

Although entertainer Taylor Swift marked the end of her Eras concert tour earlier this month, the hotel industry will fondly remember her concerts in downtown Vancouver and downtown Toronto. During ...

A total of 55 new hotels are expected to open in Canada In 2025, adding just under 6,500 rooms.

Considering that Vancouver has limited land to develop and high barriers to entry across all property types, its hotel capacity has been constrained over the past decade with only a few inventory ...

From 2022 onwards, the share of office sales volume in Toronto has declined year over year. Toronto’s record-high office vacancy rate continues to expand, which coupled with rising operating costs, ...

After a post-pandemic lull in completions, new hotel inventory is coming to Ottawa-Gatineau. As of the fourth quarter, there are six hotels, or 1,045 rooms under construction in Ottawa-Gatineau and ...

The Eras Tour is on its home stretch, and like other host cities, Toronto and Vancouver are poised to reap economic benefits.

The growth of key hotel performance metrics slowed in Canada in September, with revenue per available room, or RevPAR, posting only a 0.8% increase. The main reason for tepid growth was a contraction ...

Despite the Federal Reserve’s decision to cut interest rates in September, obtaining construction financing remains an obstacle for proposed hotels to break ground. This obstacle has defined the ...

As budgets are set for 2025, Chicago hoteliers look to build on performance trends in 2024. Over the year, Chicago’s key hotel metrics have outperformed the average of the top 25 U.S. markets and ...

August results confirm a summer of two distinct halves for hotel occupancy levels in Canada. August saw the best performance in terms of occupancy as the country recorded its highest hotel occupancy ...

As revitalization efforts continue throughout the Detroit metropolitan area, hotel developers and brands are consistently adding newly built hotels to the region’s inventory. Since 2016, hotel ...

As hoteliers turn their attention to budgeting for 2025, the most recent national hotel performance forecast for Canada has been marginally upgraded. Revenue per available room, or RevPAR, is now ...

Although key performance metrics in San Francisco are nowhere near levels typically achieved before the pandemic, international hotel demand is expected to return to pre-pandemic levels faster than ...