Horwath HTL Market Report Canada - By Peter Gaudet (PDF Download)
Peter Gaudet of Horwath HTL Montreal, Canada, has written the next in our series of Special Market Reports, focusing on Canadas hotel market.
During 2015 an occupancy rate of 41% was registered at the national level, according to INE, which represented 1.38 points of growth (pp) in comparison with 2014. In this article, we will examine the most important items related to tourism and hotel sector, including the pipeline of hotel projects.
The performance of the New Zealand hotel industry is improving strongly, with record occupancies and room rates currently being achieved. The outlook for continuing growth in hotel demand is strong, especially in New Zealands main visitor destinations.
Italy, probably the largest single market for hotel rooms in Europe, still has plenty of room to grow for the major international hotel companies, especially in the midscale and economy markets, according to Horwath