Press Release A new study shows Montreal’s homesharing economy provides a significant boost to the Quebec economy and Montreal tourism through Airbnb guest stays. The GLS Réseaux study on behalf of Airbnb reveals that total spending through all Airbnb operations amounted to $653 million in Montreal last year. Travellers who stayed with Airbnb hosts in Montreal spent $475 million in the city, higher than recent studies indicated for Toronto and Vancouver. “The numbers clearly show Airbnb is having a meaningful…
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Tax deadline day: Hotels call on federal government to ensure Airbnb pays fair share
On tax deadline day, the Hotel Association of Canada is calling on the federal government to take real action to address tax avoidance in the digital space. Despite the rapid growth of out of country digital platforms like Airbnb, the government has not taken steps to collect the taxes they should. “As Canadians across the country file their returns on tax day, it is important that we look at who isn’t paying taxes,” said Susie Grynol, President of the Hotel Association of Canada. “Online…
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Will market disruption make room blocks the next casualty?
By Anita Carlyle, CMP, CMM At a recent PCMA East Canada workshop in Ottawa, meeting professionals and business event suppliers came together to discuss room blocks. Consensus among the hotel sales representatives was that it is business as usual – if clients want the use of meeting space, they will be held to specific room blocks. These blocks will continue to be contracted with attrition clauses that mandate room and food & beverage revenue. Group business is the hotel’s base…
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