Insights & Publications

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Soft Brands - Future Opportunities in the Canadian Market

This article analyzes the key factors that are causing the slow uptake of soft branded hotels across Canada, and the future growth that is expected.

Canadian Lodging Outlook Quarterly 2016-Q4

Canada’s lodging market had a robust year in 2016. There was a net increase of more than 4,000 new rooms which was more than absorbed with RevPAR up 5.0%.

In Focus: Niagara Falls Area, Ontario, Canada

The Niagara Falls, ON, region is seeing another record-breaking year in RevPAR growth. The rise in occupancy and average daily rate is expected to continue with the persistence of the weak Canadian dollar and the rise in US/international travellers.

2016 Canadian Hotel Valuation Index

The HVS 2016 Canadian Hotel Valuation Index (HVI) not only releases countrywide hotel values for 2015 but also projects the direction of these values through 2019.

Canadian Lodging Outlook Quarterly 2016-Q2

Canada’s lodging market is absorbing the slowdown in the oil producing provinces and showing a positive RevPAR growth at 2.4%. Downtown Vancouver is leading with the highest RevPAR increase of 12.8%, closely followed by Downtown Toronto at 11.3%.

Canadian Lodging Outlook Quarterly 2016-Q1

The lower Canadian dollar and strong economic fundamentals in many Canadian provinces, are outweighing the fallout from soft resource markets leading to positive growth across the country.

2015 Canadian Hotel Transaction Survey

In 2015, the Canadian lodging industry experienced the highest level of transaction volume since 2007 with a total of more than $2.2 billion.

Canadian Lodging Outlook - 4th Quarter, 2015

YTD through December the Canadian lodging sector seen an overall increase in ADR and RevPAR at 4.5% and 3.6% respectively. Vancouver again saw the highest RevPAR Increase at 17.8%. Occupancy Percentage decreased by 0.8% overall.

Canadian Lodging Outlook - 3rd Quarter, 2015

With year-to-date through September RevPAR seeing growth of 6.9%, the outlook for Canada’s lodging market is positive. Regarding major hotel market performance, Vancouver has the highest RevPAR increase year-to-date of 18.6%.

2015 Canadian Hotel Valuation Index

The HVS 2015 Canadian Hotel Valuation Index (HVI) not only releases countrywide hotel values for 2014 but also projects the direction of these values through 2018.