The number of foreign visitors increased recently by just 1.5 percent, but for the US hospitality the northern neighbour is an important source market.
With the take-over of the Canadian chain Delta Hotels (41 properties) Marriott plans to expand its current portfolio of 74 hotels in Canada to catch up with the market leaders Wyndham Hotel Group (497 hotels in Canada), Choice Hotels (308 properties), Best Western (194 hotels) and IHG (164 hotels).
According to TOPHOTELPROJECTS, the worldwide leading provider of global b2b hotel data, 34 further top hotels are currently in the pipeline in Canada.Â
The revenue in the Canadian hotel sector was 17 billion Canadian Dollars (CAD) in 2013. The Hotel Association of Canada reported that 8,090 accommodations with about 440,000 rooms exist in Canada.
According to the association’s data the room offer grew by 1.0% in 2014 and a further increase of 1.5% is expected for 2015. The average occupancy rate in 2014 was estimated at 64% but will be higher by one per cent point in 2015.
The Canadian hotel industry is dominated by US chains. With 500 accommodations and 40,000 rooms, the Wyndham Hotel Group is the country’s largest hotel operator. In 2013 the group archived revenue of 769 million CAD.
The runner-up Choice Hotels has currently 308 properties in operation and archived revenue of about 500 million CAD, followed by the Best Western Group with 194 existing hotels and revenue of 550 million CAD in 2013.
The largest Canadian hotel operator is Innvest Reit with 128 properties and an archived revenue of 577 million CAD in 2013.
With about 66 billion Canadian Dollars the majority of the tourism revenue in 2012 came from domestic travellers.
US visitors left almost seven billion CAD is the country, two billion CAD less than in 2000. The revenue of other international guests increased between 2000 and 2012 from 6,5 billion to 10,0 billion CAD.
Top hotel projects in Canada (selection):
- Four Points by Sheraton Regina/Saskatchewan - 200 rooms â€" opening: May 2015
- Delta Calgary Airport - 318 rooms â€" opening: late-2015
- Andaz Ottawa Byward Market - 200 rooms - opening autumn 2016 (Image)
- Hilton Calgary Airport - 252 rooms â€" opening: early-Anfang 2017
www.tophotelprojects.comÂ
