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5 February 2026
Victoria hotel sells for $41 million amid strong outlook for BC hospitality investment
A 1970s-era hotel in Victoria sold for $41 million in the latest example of strong investor demand for hospitality properties in British Columbia, where there's a shortage of hotel rooms.
4 February 2026
CoStar World News for Feb. 5
4 February 2026
Brookfield Asset Management promotes Connor Teskey to CEO, posts record results
Global alternative asset manager Brookfield Asset Management named company executive Connor Teskey as its CEO as the investment giant reported record fourth-quarter earnings and said it sees rising deal activity this year.
3 February 2026
Group linked to Ciancone family makes major move into Montreal hotel market
A company controlled by a well‑known Ontario real estate development family now owns the Omni Mont‑Royal hotel.
3 February 2026
Unique performance factors will define Olympic moment for Milan's hotels
Excitement is building in Milan as the 2026 Winter Olympics is set to take place Feb. 6-22.
30 January 2026
Strong pricing for hotels lifts hospitality investment market
Hotel investment sales volume in the country increased last year, with the average transaction price rising and a few big hotels in Canada's major markets pushing up the total.
28 January 2026
Fairmont plans new hotel and residential tower near Stampede Park in Calgary
Fairmont Hotels & Resorts is planning to construct a mixed‑use building with 225 hotel rooms and 100 residential units near 15th Avenue and Macleod Trail in Calgary, adding another major project to the Stampede Park redevelopment zone.
28 January 2026
CoStar World News for Jan. 29
27 January 2026
On balance, Canadian hotels had a strong performance in 2025
The Canadian hotel industry turned in a strong performance in 2025, though the year's overall stability masks significant month‑to‑month variation.
23 January 2026
CPP Investments deploys US$162 million to Japan for hospitality deals
Canada Pension Plan Investment Board, the country’s largest pension fund manager, has made a major move into Japan’s hotel sector with a million-dollar commitment to invest in a hospitality strategy run by SC Capital Partners.
23 January 2026
US, Canada hotels post performance gains in mid-January
The U.S. hotel industry bounced back in the week of Jan. 11-17 as revenue per available room increased 1.6%. Room demand, occupancy and average daily rate all saw year-over-year growth from the comparable 2025 week.
23 January 2026
Covivio acquires Meininger Porto hotel
French hotel real estate investment trust Covivio, via its Covivio Hotels division, has acquired a forthcoming 228-room (834 bed) Meininger-branded hotel in Porto from Eiffage Immobilier Portugal.
22 January 2026
CoStar World News for Jan. 22
21 January 2026
Hungary eyes hotel demand sources outside of EU as rising costs hit affordability
The Hungarian hospitality industry is benefiting from its value positioning and broader visitor base, but future growth will depend on balancing affordability with rising costs, expanding demand beyond Budapest and converting strong visitor numbers into long-term profitability.
16 January 2026
Escapade roars into Belgium with second Formula 1 hotel
British hotel firm Escapade, which specializes in Formula 1 trackside hotels and race-day hospitality, is upping gears with a second hotel.
15 January 2026
Hilton teams up with Placemakr to debut Apartment Collection
Hilton is growing its "apartment-style" offerings through a new partnership with aparthotel brand Placemakr.
14 January 2026
CoStar World News for Jan. 15
13 January 2026
Hoteliers concerned over lack of accommodations around soon-to-open Sydney international airport
In late 2026, Sydney’s second airport is set to open in the area known as Badgerys Creek, 27 miles west of the Sydney Central Business District.
8 January 2026
Federal push to slow immigration has government filling fewer hotel rooms
Federal efforts to slow immigration have led to the Canadian government no longer filling hotel rooms as it did just a couple of years ago, and a new government initiative looks to reduce further the use of hospitality property.
7 January 2026
CoStar World News for Jan. 8