Market Report: Canada Hotels & Chains Trends
By Ambika Gandhi on April 20, 2018
The Canadian hotel industry has been flushed with news of mergers and acquisitions in recent years, while many of the major hotel companies have, and continue to, announce new brands within their portfolio, all designed to fit the needs of the ever-evolving hotel consumer.
Horwath HTL Canada have prepared the latest Market Report in order to provide a comprehensive snapshot of the hotels brands operating within the Canadian hospitality landscape. With over two-thirds of the hotel inventory being made up of hotels consisting of less than 50 rooms, it is not surprising that branded hotels make up only 26% of the Canadian hotel inventory. However, in terms of guestrooms, these hotels accounts for more than half of the national volume of available guestrooms.
This report will provide an overview of Canadian hotel brands, including a distribution of brands by chain scale, by province and by key city as well as an indication of the key performance indicators by chain scale over the past five years.