Insights & Publications

A year that is shaping up with RevPAR growth levels that Canada has not witnessed in over 10 years. The Halifax/Darmouth market is leading the pack!

The YYZ hotel market has been capitalizing on growth in airport traffic. Hotel revenue growth is expected to shift from occupancy gains to rate increases as occupancy levels remain high and capital improvements to lodging facilities are completed.

The HVS Guide to Hotel Management Contracts presents the results of an extensive review of hotel management agreements conducted across the Americas (USA, Canada and South America), Europe, the Middle East, Africa (EMEA), and the Asia Pacific (APAC) regions, in addition to offering an in-depth understanding of the key terms and clauses of such agreements. The global survey sample set comprises 475 hotel management contracts representing close to 120,000 rooms and 55 first-tier (branded) hotel management companies, in addition to several second-tier (third-party) management companies and few independent operators.

All primary geographic regions depicted in this survey – Americas, EMEA and Asia Pacific – have over 100 hotel management contracts, which we believe is a credible threshold to effectively represent the nature of operating terms and conditions prevalent in these areas. Moreover, each regional sub-section is accompanied with a foreword by an HVS expert practicing in the area, and the sub-set results are supported by expert discussions and insights, where applicable, to provide the reader with useful and relevant information.

 

VIEW EXCERPTS | HVS GUIDE TO HOTEL MANAGEMENT CONTRACTS

• The full guide and survey report comprising around 100 pages can be purchased for US$3,000.
• Any regional report (Purchase Here) comprising the global section (with definitions and a detailed explanation of the terms and provisions of a management contract) and any one regional sub-section – Americas, EMEA, or Asia Pacific – can be purchased for US$2,000.

All reports are available in PDF (soft copy) only. A personalized copy of the report will be sent.

For more information, please contact Kasia Russell at [email protected].

The HVS Guide to Hotel Management Contracts presents the results of an extensive review of hotel management agreements conducted across the Americas (USA, Canada and South America), Europe, the Middle East, Africa (EMEA), and the Asia Pacific (APAC) regions, in addition to offering an in-depth understanding of the key terms and clauses of such agreements. The global survey sample set comprises 475 hotel management contracts representing close to 120,000 rooms and 55 first-tier (branded) hotel management companies, in addition to several second-tier (third-party) management companies and few independent operators.

All primary geographic regions depicted in this survey – Americas, EMEA and Asia Pacific – have over 100 hotel management contracts, which we believe is a credible threshold to effectively represent the nature of operating terms and conditions prevalent in these areas. Moreover, each regional sub-section is accompanied with a foreword by an HVS expert practicing in the area, and the sub-set results are supported by expert discussions and insights, where applicable, to provide the reader with useful and relevant information.

 

VIEW EXCERPTS | HVS GUIDE TO HOTEL MANAGEMENT CONTRACTS

• The full guide and survey report  (Purchase Here) comprising around 100 pages can be purchased for US$3,000.
• Any regional report comprising the global section (with definitions and a detailed explanation of the terms and provisions of a management contract) and any one regional sub-section – Americas, EMEA, or Asia Pacific – can be purchased for US$2,000.

 

All reports are available in PDF (soft copy) only. A personalized copy of the report will be sent.

For more information, please contact Kasia Russell at [email protected].

The Canadian Lodging Industry experienced 7.0% RevPAR growth through June 2017. Wow! ADR is the main contributor particularly in the Luxury segment caused by the low dollar with Ontario and British Columbia leading the pack.

In the first quarter of 2017, the Canadian lodging market continues to fire on all cylinders with RevPAR growth outpacing 2016 growth. Alberta and Newfoundland are charting positive growth for the first time in three years!

Canada’s lodging market had a robust year in 2016. There was a net increase of more than 4,000 new rooms which was more than absorbed with RevPAR up 5.0%.

The Niagara Falls, ON, region is seeing another record-breaking year in RevPAR growth. The rise in occupancy and average daily rate is expected to continue with the persistence of the weak Canadian dollar and the rise in US/international travellers.

The HVS 2016 Canadian Hotel Valuation Index (HVI) not only releases countrywide hotel values for 2015 but also projects the direction of these values through 2019.

Canada’s lodging market is absorbing the slowdown in the oil producing provinces and showing a positive RevPAR growth at 2.4%. Downtown Vancouver is leading with the highest RevPAR increase of 12.8%, closely followed by Downtown Toronto at 11.3%.