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Luc Espaillard

Senior Associate, Toronto
  •   [email protected]
  •   +1 (416) 364-0032 (Work)
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  • My Articles

My Articles

Resurgence and Transformation of the Canadian Niagara Falls Hotel Market

The Niagara Falls lodging market is rapidly recovering after the devastating pandemic-induced RevPAR decline of 72.9% in 2020. The market-wide RevPAR has reached 97% of the 2019 level in 2022 and is projected to reach 112% in 2023. ADR growth is leading the recovery.
  • February 13, 2023 By Luc Espaillard , Jingjianxiong 'Charlie' Shi , Monique Rosszell
  • Sales & Marketing , Development & Construction , Valuations & Market Studies , Travel & Tourism , COVID-19 , Canada , North America

Targeting Hotel Staycation Demand in Canada and Beyond

Due to travel restrictions, Staycations flourished as one of the few remaining sources of leisure demand. We interviewed hospitality experts and conducted a survey to gather data on consumers’ behavior and hoteliers’ response with regards to Staycations in Canada and beyond. Through this article, we share innovative strategies hoteliers can use to develop competing Staycation packages aiming to attract one of the identified Staycations subsegments: Dreamers, Explorers and Business Staycationers.
  • June 2, 2021 By Luc Espaillard , Monique Rosszell , Sarah Schehade
  • Hotel Operations , Sales & Marketing , Valuations & Market Studies , Travel & Tourism , COVID-19 , North America , Canada

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