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Content tagged with: Hotels and Resorts

Canada’s lodging industry made big comeback in 2022: C&W

Steve McLean Commercial Hotels and Resorts National Mar. 9 2023

Canada’s lodging industry rebounded in a big way in 2022 as revenue per available room (RevPAR) increased 91 per cent year-over-year and was 3.5 per cent over 2019’s year-end level, according to a new report from Cushman & Wakefield.

VICI acquires 4 PURE casinos in Alberta: $271.9M

Don Wilcox Commercial Hotels and Resorts Lethbridge Jan. 9 2023

UPDATED: U.S.-based VICI Properties has acquired the real estate assets of four casinos and gaming facilities in Alberta from PURE Canadian Gaming for $217.9 million, the firm announced Monday morning.

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