Knightstone Capital Management Inc. (“Knightstone”) is excited to announce the formation of the Knightstone Hotel Group (“Knightstone Hotels”). Knightstone Hotels is a strategic partnership between Knightstone Capital Management and hotel industry veteran, Bill Stone.
STR data for August 23-29, 2020 showed lower performance from prior weeks for Canada’s hotel industry. Two provinces reached a 50 per cent occupancy level: Prince Edward Island (55.8 per cent) and British Columbia (53.5 per cent).
HALIFAX — After several years of operating losses, CBRE assisted a hotel client by filing an appeal on their property tax assessment. CBRE helped facilitate a substantial reduction on behalf of the client, resulting in more than $250,000 in property tax savings.
TORONTO — Although most hotel revenues and operating expenses have decreased in the current environment, property taxes...
LEBANON, N.H. — FreshAir, an industry leader in the development of sensors to detect and alert for hazardous chemicals, announces its unique and highly effective FreshAir1 Smoking Detection System. The FreshAir system is ideally suited for use in hotels, casinos, and other hospitality industry settings.
TORONTO — When Choice Hotels Canada wanted reach and engage with front-line workers to communicate its Commitment to Clean program, they used an app developed by Toronto-based Nudge Rewards.
REGINA — On Monday, August 10, the Government of Saskatchewan announced $35 million in support for Saskatchewan’s hard-hit tourism sector. Under the Saskatchewan Tourism Sector Support Program, eligible hospitality and event/attraction operators will be able to apply for a one-time, non-repayable emergency payment.
In this time of uncertainty, it’s important to talk about mental health. Initiating an open dialogue within the workplace about this often stigmatized topic can lead to more efficient remedial care and ultimately, prevent the problems from arising.
HENDERSONVILLE, Tenn. — STR data for 26 July through 1 August 2020 shows a continued steady rise in Canada’s hotel performance but the same significant level of year-over-year declines. On the positive side, nation-wide occupancy is now at 38.4 per cent, compared to a low of 12.0 per cent for the week of April 11, 2020; and two provinces reached occupancy of more than 40 per cent.
TORONTO — The disruption to the global economy from COVID-19 is unprecedented and rapidly evolving with its impact on the Canadian labour market likely to be widespread, long-lasting, and unpredictable. The Future Skills Centre (FSC) and OTEC recently announced a rapid response project for the hundreds of thousands tourism and hospitality workers who have lost their jobs because of the COVID-19 crisis.