News & Articles - investment forecast

  • Hospitality research: 2018 investment forecast for the GTA

    Large events draw travellers to Toronto, bolstering investor interest Heightened tourism drives occupancy, revenue growth throughout the Great­er Toronto Area (GTA). Record-breaking visitation to Toronto in 2017 spurred signifi­cant increases in hotel occupancy, RevPAR and ADR. International visitation to the area reached a high last year, aided by a jump in visitors from Mexico as visa requirements to visit Canada from the country were eliminated. Large conferences and major events, including the Invictus Games and North American Indigenous Games, drew…

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