What's Happening?
HVS and STR have published the Canadian Lodging Outlook for the second quarter of 2025, detailing occupancy rates, average daily rates, and revenue per available room across six major markets. The report provides insights into hotel performance and trends, offering valuable data for industry stakeholders. HVS Canada specializes in appraisals and consulting assignments, with expertise in market studies and strategic business planning.
Why It's Important?
The lodging outlook report is crucial for hotel operators, investors, and policymakers to understand market dynamics and make informed decisions. It highlights trends in the hospitality industry, which can influence investment strategies and economic planning. The data serves as a benchmark for assessing the health of the Canadian hotel market.
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