Lea Vaksman

Senior Associate

Léa Vaksman is a bilingual Senior Associate based in the Montreal office. She graduated with a Master of Science in Hospitality Management (Institut de Management Hotelier International) from ESSEC Business School in Paris, France, with concentrations in Hotel Real Estate and Sustainability, showcasing her interests in both topics. Before joining HVS, Léa gained valuable experience in hotel development all across France, enhancing her expertise in real estate and supporting her analytical career. She also held various positions in F&B and Rooms operations in France, Luxembourg, and China, providing her with a comprehensive understanding of hotel operations. Léa is a member of the Appraisal Institute of Canada and is actively working towards her AACI designation.

What is contributing to the dynamic growth of Montréal’s hotel supply and demand?

The Montréal hotel market has made a strong comeback from the pandemic, experiencing a 4.6% rise in room supply, in contrast to the declines in Downtown Toronto and Vancouver. This expansion, combined with a rebound in air travel, extensive hotel renovations, and effective tourism promotion, has positioned Montréal as the most resilient market. With substantial investments and a thriving meetings and events sector, the city’s hotel industry is undergoing a significant evolution.

Halifax Hotel Market Revitalization

The Nova Scotia lodging market, particularly in Halifax, has experienced rapid growth in the years following the pandemic. In 2024, provincial RevPAR levels are projected to reach 128% of their 2019 benchmark, driven by rising ADR and an enhanced hotel supply.

HVS Consulting & Valuation

Lea Vaksman

Senior Associate

Léa Vaksman is a bilingual Senior Associate based in the Montreal office. She graduated with a Master of Science in Hospitality Management (Institut de Management Hotelier International) from ESSEC Business School in Paris, France, with concentrations in Hotel Real Estate and Sustainability, showcasing her interests in both topics. Before joining HVS, Léa gained valuable experience in hotel development all across France, enhancing her expertise in real estate and supporting her analytical career. She also held various positions in F&B and Rooms operations in France, Luxembourg, and China, providing her with a comprehensive understanding of hotel operations. Léa is a member of the Appraisal Institute of Canada and is actively working towards her AACI designation.

What is contributing to the dynamic growth of Montréal’s hotel supply and demand?

The Montréal hotel market has made a strong comeback from the pandemic, experiencing a 4.6% rise in room supply, in contrast to the declines in Downtown Toronto and Vancouver. This expansion, combined with a rebound in air travel, extensive hotel renovations, and effective tourism promotion, has positioned Montréal as the most resilient market. With substantial investments and a thriving meetings and events sector, the city’s hotel industry is undergoing a significant evolution.

Halifax Hotel Market Revitalization

The Nova Scotia lodging market, particularly in Halifax, has experienced rapid growth in the years following the pandemic. In 2024, provincial RevPAR levels are projected to reach 128% of their 2019 benchmark, driven by rising ADR and an enhanced hotel supply.