canadian hotel development
Canadian Hotel Development Cost Survey 2018
Carrie Russell | March 19, 2019
By Carrie Russell, Tom Beckett, Lily Li Introduction In 2018, the Canadian lodging market reached a new record high for RevPAR. Although regional performance differed widely, more developments are in the pipeline in 2018 that any year since 2013. After the global financial crisis hit the Canadian lodging market in 2009, causing a 12.3% contraction in RevPAR, the industry in general has been on an upward trajectory. In fact, RevPAR growth for the country has been registered for 106 consecutive months—the longest period of sustained growth on record. Strong metrics in many hotel markets, availability of competitive debt financing, a...
1
Technology
2
Appointments/People on the Move
3
Operations
4
Industry Happenings
5
All Things Independent
Today's News
Le Méridien Fort Worth Downtown Selects General Manager and Director of Sales
AKA Welcomes Hotel AKA Washington Circle to the DMV Metro Area
Valor Hospitality Partners Selected to Manage DoubleTree Suites by Hilton Hotel Huntsville South
Virgin Hotels Chicago Names Anderson Foote as New General Manager
As the first news aggregate for the hotel industry, Hotel-Online is the industry’s must-read daily news source for everything hotel curated for busy professionals. Sign up today for industry news delivered to your inbox.