| |
Join NRIpress.club
For NRIs Hope |
Business Owner's Opportunity
To Get Referral |
 |
- Typically the most important reason people choose hotels is location. Price and guest ratings carry more weight than brand value as key attributes to hotel property selection. Unsurprisingly, price was by far the most influential driver of hotel selectio
- While consumers want the best deal on travel bookings, their individual selections ultimately reflect their values. The consumer searching for a budget accommodation will look for the best value within their constraints.
- The traditional lodging service that delivers a good night’s sleep in a clean, well-functioning room, together with availability of an excellent breakfast, remains central to customer satisfaction.
- Full service hotels are generally mid-price, upscale or luxury hotels with a restaurant, lounge facilities, and meeting space as well as minimum service levels often including bell service and room service.
|
|
 |
Four Seasons Hotel Toronto Sets the Scene for Toronto
International Film Festival’s 51st Edition
As Toronto welcomes the world's film community for the 51st edition of the Toronto International Film Festival® (TIFF), presented by Rogers, Four Seasons Hotel Toronto returns as an official hospitality partner with a curated collection of experiences inspired by the energy and glamour of Festival season. Located in the heart of Yorkville, the city's premier neighbourhood, the flagship hotel will once again serve as a sophisticated hub for filmmakers, industry leaders, tastemakers and Festivalgoers, offering exclusive events, gourmet dining, restorative wellness and a new fashion-forward activation.
"Every September, Toronto becomes one of the world’s most exciting and influential cultural stages," says Chelan Goonetilleke, General Manager, Four Seasons Hotel Toronto. "We are proud to be part of that story, and to create experiences that capture the energy of the Festival, while introducing new moments of celebration, connection and discovery for our guests..Read More
|
Canada Hotels Market (2025 - 2030)
The Canada hotels market size was estimated at USD 42.34 billion in 2024 and is expected to grow at a CAGR of 8.5% from 2025 to 2030. The Canadian hotel market is a dynamic and evolving sector shaped by macroeconomic conditions, tourism trends, and shifting traveler expectations. Over the past two decades, the industry has experienced cycles of growth and disruption, notably impacted by the global financial crisis of 2008 and more recently by the COVID-19 pandemic. Despite these challenges, the sector has demonstrated remarkable resilience. Following the downturns, periods of recovery have been marked by increased investment, rising demand from both leisure and corporate travelers, and renewed confidence in the tourism industry.
In 2024, Canada experienced a robust resurgence in international tourism, welcoming over 25 million visitors, a significant rebound nearing pre-pandemic levels. This revival was propelled by the country's reputation as a safe, eco-conscious destination, offering diverse experiences from luxury urban stays to immersive nature adventures. Major cities like Toronto, Vancouver, and Calgary saw heightened hotel occupancy, bolstered by events and leisure travel. At the same time, boutique and eco-friendly accommodations flourished in regions like British Columbia and the Yukon. The hospitality sector's revenue reached approximately USD 7.08 billion, reflecting strong domestic and international demand. Looking ahead to 2025, Canada's tourism industry is poised for continued growth, emphasizing sustainability, cultural richness, and personalized travel experiences to attract a...Read More |
| |
Canada Hospitality Market Analysis by Mordor Intelligence
The Canada Hospitality Market size was valued at USD 20.29 billion in 2025 and estimated to grow from USD 21.34 billion in 2026 to reach USD 27.46 billion by 2031, at a CAGR of 5.18% during the forecast period (2026-2031).
This growth reflects a sector that has moved beyond simple recovery to embrace a structural realignment driven by corporate sustainability mandates, mega-event preparations, and tighter short-term-rental regulations. Rising inbound tourism, particularly from the United States, is boosting average length of stay and pushing demand toward boutique hotels that provide authentic local experiences. Meanwhile, global chains leverage loyalty platforms and scale purchasing to defend share in major commercial corridors.
Source: https://www.mordorintelligence.com/industry-reports/hospitality-industry...Read More |
|
|
|
...
