News & Articles - Canopy by Hilton Hotel

  • New Hotel Projects Remain Robust

      Tourism is steadily improving in Canada as both domestic and foreign travellers support a much-needed recovery back to pre-pandemic levels. With hotel occupancies inching up in 2022, hotel construction projects in Canada have never been higher – another positive sign that the hospitality market is rebounding. According to industry analysts Lodging Econometrics (LE), the forecast is for Canada’s hotel construction pipeline to remain strong throughout 2023 despite recent interest rate increases. The top cities in Canada for hotel construction at…

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