Arch Amenities Group, a full-service global provider of wellness, spa and amenity management and meeting services for commercial and residential properties, hotels, private clubs and pools, today announced its expansion into Canada with the acquisition of Personal Best Health and Performance Inc., a Canadian leader in corporate wellness services.
Pipeline in Canada is up; Toronto and Vancouver with impressive pipelines at Q2 2023
As seen in the recently released Canada Construction Pipeline Trend Report from Lodging Econometrics (LE), the total construction pipeline in Canada continued to expand at the close of the second quarter with 275 projects/37,359 rooms, up 5% by projects and rooms year-over-year (YOY).
Canada’s February hotel RevPAR exceeded $100 for the first time on record
Canada’s hotel performance increased from the previous month, with February revenue per available room (RevPAR) exceeding CAD100 for the first time on record, according to STR‘s February 2023 data.
Canada ends 2022 with record project counts of the Hotel construction pipeline
According to the Q4 2022 Hotel Construction Pipeline Trend Report for Canada by Lodging Econometrics (LE), LE analysts report that Canada’s total construction pipeline stands at 267 projects/35,758 rooms, up 2% by projects and 1% by rooms year-over-year (YOY).
Canada hotel occupancy eclipsed pre-pandemic comparable in July
Canada’s hotel occupancy each month came in higher than in 2019 comparable for the first time in the pandemic era,
Projects in Canada’s construction pipeline are up slightly year-over-year
Total construction pipeline in Canada stands at 261 projects/35,662 rooms, up 3% by projects year-over-year (YOY) and up 7% by rooms YOY.
Canada hotels post best performance of the pandemic-era
Canada’s hotel performance was the highest of the pandemic-era, with monthly hotel room rates reaching an all-time high.
Canada hotels post highest rates since September 2019
Canada’s monthly hotel performance improved from the previous month yet again, and room rates reached the highest level since September 2019.
Canada hotel performance up again in April
Canada’s monthly hotel performance improved once again from the previous month and showed better-indexed comparisons.
Canada tourism sector could reach pre-pandemic levels next year
ravel & Tourism’s GDP expected to grow more than twice rate of the overall economy for the next 10 years.
