Marriott buys Canada's Delta Hotels for $168M
Marriott International Inc. has signed a deal to buy the Delta hotel brand from B.C. Investment Management Corp. for $168 million. Read more here
November 2014 Tourism Snapshot
Please be advised that the Canadian Tourism Commission has just released the November 2014 Tourism Snapshot, view it here
Current Performance Indicators for November 2014
The Ministry’s Current Performance Indicators have been updated with November 2014 data, available here
The Shangri-La Hotel Toronto earns CAA/AAA Five Diamond Award
Thirty-six luxurious hotels and 33 world-class restaurants in southern Ontario have earned the CAA/AAA Four or Five Diamond Award rating in the past 12 months for the coveted spots on the 2015 lists. See the list here.
Premier Wynne Calls for Canadian Infrastructure Partnership
Premier Kathleen Wynne today called for a Canadian Infrastructure Partnership- a collaboration that would have an explicit objective of investing five per cent of GDP in infrastructure renewal. Read more here.
Drake Devonshire in Wellington Makes Vogue Paris List of Twelve Top New Hotels for 2015
After Toronto, Jeff Stober chose the banks of Lake Ontario for his latest hotel, that opened at the end of 2014. A contemporary version of the traditional Canadian farmhouse with an interior by John Tong, the Drake Devonshire flirts with the luxury summer camp in English country house style. Visitors can sample freshly caught fish on big wooden tables, with cozy rooms looking out over the lake. Perfect for a back-to-nature family break. See who made the list here.
York Mills TTC parking lot slated for hotel, office complex
The Toronto Transit Commission parking lot at Yonge St. and York Mills Rd. has been sold to a Toronto developer who intends to replace it with a seven-storey, 480,000-square-foot office, hotel and retail complex.
The $25-million deal for the 3.2-acre site on the northerly section of the Yonge subway line was finalized between Build Toronto, the city agency responsible for selling off underutilized real estate, and the Gupta Group/Easton’s Group on Dec. 22. Read more here.
Delta Hotels Celebrates Rebirth With Toronto Flagship Unveiling
Think you know what Delta Hotels and Resorts is all about? Think again.The nearly 53-year-old Canadian hotel brand has been undergoing an overhaul during the past couple of years — a transformation epitomized by the stylish, locally inspired, upscale new Toronto Delta property, which opened in November. Read more here.
Profiling Hotelier Edwin Frizzell of Fairmont Royal York
Edwin Frizzell has helmed many hotels throughout his extensive career, but these days he’s the new kid on the block at The Fairmont Royal York hotel, where he’s been directing the iconic property and its 1,200 employees since April. Read more here.
Health-conscious Hotel Guests Demand More Choice From F&B Offerings
Gone are the days of whole-heartedly indulging in decadent cuisine while travelling. These days, a growing demographic of busy, health-conscious millennials is leading the charge for revitalized menu options across the Canadian hospitality industry. Read more here.
The Q3 2014 edition of the Tourism Performance Newsletter has just been released
This quarterly publication reports the latest tourism statistics including:
- Border Crossings
- Accommodation Statistics
- Travel Price Index
- Economic Indicators
- Consumer Response Indicators
- Special Topic - The Economic Impact of Tourism
October 2014 Tourism Snapshot
Please be advised that the Canadian Tourism Commission has just released the October 2014 Tourism Snapshot, view it here.
October 2014 Airport Activity Report
The October 2014 Aviation Activity Report is now available for your information and reference. View it here.
Oxford Properties Acquires Park Hyatt Toronto
Oxford Properties is the new owner of the 346-room Park Hyatt Toronto hotel.
The Toronto-based Oxford Properties purchased the property from an affiliate of Hyatt Hotels Corporation for approximately US$90 million, or US$260,000 per key. “Oxford’s acquisition of Park Hyatt Toronto is in line with our stated strategy of owning highly visible, luxury and upper upscale assets with prime locations in key markets with high barriers to entry,” said Michael Kitt, EVP, Canada, Oxford Properties Group. “We look forward to working together with Hyatt on a significant hotel renovation in line with the prestige of the brand and location.” Read more here.
Budget, China Trade Mission Among Highlights of 2014
The Ontario government made significant progress this year to build opportunity and security for the people of Ontario. During the summer, the government introduced the 2014 Budget, which laid out a plan to grow the economy and create jobs, while balancing the budget by 2017-18.
Premier Kathleen Wynne and her team focused on initiatives to help the province prosper. See highlights from 2014 here.
Current Performance Indicators October 2014
The Ministry’s Current Performance Indicators have been updated with October 2014 data, click here.
Province Taking Next Step in Developing Ontario Retirement Pension Plan
Ontario Launches Consultation Paper; Helping Build a Better Retirement for Future Generations
The province is taking the next step in the development of the new Ontario Retirement Pension Plan (ORPP) with the release of a consultation paper inviting feedback on key design details of the plan. Read news release here
Expanded Definition of Worker under the Occupational Health and Safety Act
Effective immediately, the new definition of worker under the Occupational Health and Safety Act (OHSA) expands coverage of the OHSA to unpaid co-op students, certain other learners and trainees participating in a work placement in Ontario. Read more here.