News & Articles - hotel occupancy

  • Victoria

    Greater Victoria Sees Best Tourism Season

      The Greater Victoria’s visitor economy has experienced the strongest summer in at least the last 10 years, according to Destination Greater Victoria. Based on the results from commercial accommodation providers, the region has set decade highs in occupancy, average daily rates (ADR) and revenue per available room (RevPAR), while transportation partners including BC Ferries and Victoria International Airport (YYJ) saw records of their own. August occupancy reached the highest it has been in 10 years, climbing to 94.3 per…

    Breaking News

  • 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…

    Corporate Travel & Incentives

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