Canadian Hotels' Record High Revenues and Daily Rates
Canada’s hotel industry recorded its highest average daily rate ever in February 2025. But the occupancy rate was slightly only 57.7%, down slightly year-over-year.
Alan Woinski
Alan is the founder of the Daily Lodging Report, now owned by Skift, and remains editor. He also founded the Gaming Industry Daily Report and Gaming Industry Weekly Report which remains under the ownership of Gaming USA Corporation, owned by Alan and his wife Kim. Alan and Kim recently moved from Bergen County, NJ to Southwest, Florida and are loving the SWFL lifestyle. Both Alan and Kim recently became grandparents for the first time to a beautiful baby girl.
Vietnam Overtakes Singapore as Third-Most-Visited Country in Southeast Asia
Vietnam surpassed Singapore to become the third-most-visited country in Southeast Asia, with 17.5 million international arrivals in 2024.
Baird Expresses Concerns About a Softening in Demand
Hotel industry analysts at Baird expressed caution about softening March demand trends, noting that U.S. RevPAR growth is tracking over 200 basis points below initial expectations.
New Hotel Brand MGM Reserve Has Its Debut in China
Asian hospitality sector experiences mixed performance with China hotel RevPAR declining, while MGM debuts new brand MGM Reserve and Minor International, Four Seasons, and OYO-parent Oravel Stays announce expansion plans.
Marriott Opens First City Express Hotel in the U.S.
Marriott International is set to make an entry into the U.S. midscale hotel segment.
IHG Signs $100 Million Deal for Barossa Valley Hotel
IHG is opening its first luxury InterContinental hotel in Australia's Barossa Valley under a 25-year deal, costing $100 million.
U.S. Hotel Owners Optimistic About Group Sales
U.S. hoteliers expect strong group sales growth by 2025, driven by demand from tech, healthcare, and construction, with resorts seeing the fastest increase despite federal spending concerns.
Marriott CEO Talks Growth in India
Marriott CEO Anthony Capuano highlighted the company's strong growth in India, emphasizing local decision-making, expansion into smaller cities, increased female employment, and reducing bureaucratic and travel barriers to boost international tourism.
Deutsche Bank Reveals Possible Concerns for Hotels
Concerns over Trump 2.0's impact on the hotel industry are rising, with Deutsche Bank noting potential early signs of a RevPAR downturn.
Cambodia Forecasts Its Tourism to Grow 7% This Year
Cambodia saw a 13.3% year-on-year rise in January tourist arrivals, led by Thailand, Vietnam, and China, with a 2025 forecast of up to 7.5 million visitors.