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LE: Canada’s pipeline remains robust

Hotel Business

In the Q3 2023 Hotel Construction Pipeline Trend Report for Canada by Lodging Econometrics (LE) , analysts report that the total construction pipeline in Canada stands at 275 projects/37,780 rooms, up 5% by projects and 8% by rooms year-over-year (YOY). In the first three quarters of 2023, Canada had 16 new hotel openings.

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LE: New projects fuel Canada’s construction pipeline

Hotel Business

As reported in the recently released Construction Pipeline Trend Report for Canada by Lodging Econometrics (LE), at the close of Q1 2023, the country’s hotel construction pipeline stands at 283 projects/37,683 rooms. The top cities in Canada with the most projects in the pipeline at Q1 are Toronto, with 61 projects/8,763 rooms.

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Canada, Latin America had healthy 2022 construction pipelines

Hotel Business

Lodging Econometrics (LE) reports that both Canada and Latin America saw growth in their respective hotel construction pipelines for 2022. Canada’s hotel construction pipeline should remain strong throughout 2023, despite the recent interest rate increase, as building activity and new project announcements remain above pre-pandemic levels.

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With Great Rates Come Great Guest Expectations

Larry Mogelonsky

Even in the back half of 2023, every hotel is still contending with inflation in some way or another, likely passing these costs onto the customer. The price is reasonable based on the rates in the guest’s near-past set of hotel experiences. Many hotels are enjoying RevPAR levels that were unattainable four years ago.

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LE: Canada renovations increase 3x YOY

Hotel Business

According to the recent Hotel Construction Pipeline Report for Canada by Lodging Econometrics (LE), analysts report that in the third quarter of 2022 the total construction pipeline in Canada stands at 263 projects/34,825 rooms, up 2% by projects and rooms year-over-year (YOY). room supply increase.

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How Hotels Can Embrace the Technological Age with Sugar Beach IT Director Shearvon Devenish

Larry Mogelonsky

Coming out of HITEC this past June in Toronto, one overarching message was: we are now firmly in a new ‘Technological Age’ with the likes of ChatGPT only the beginning of what’s to come. Boutique hotel companies such as Viceroy have also become quite innovative on the technological front to support their own brand development.

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A Steakhouse Divided

EATER

The restaurant eventually expanded with locations in Toronto, Winnipeg, Vancouver, and Whistler, and beef is still a big deal in Alberta. It still sits at its original home, at the base of the Waikiki Park Heights Hotel, and the interior is largely unchanged. Servers Bonnie Fong, Peter Ormsby, and Bob Shachtay.