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Everything you wanted to know about buying and selling hotels.

Avison Young Unveils Canada Hotel Market Report: Strong Recovery and Optimistic Outlook for 2024

The Avison Young Canada Hotel Market Report highlights the remarkable recovery of major Canadian markets, showcasing a surge in key performance metrics such as Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and occupancy. With significant increases in leisure travel and demand from local groups, the report indicates a promising outlook for the hospitality sector in 2024.

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Canadian Travelodge by Wyndham Properties Excel in 2023 ‘Best Of’ Awards

A total of 12 Canadian-based Travelodge by Wyndham hotels have been recognized as winners of the prestigious 2023 "Best Of" Travelodge awards. These properties have been acknowledged for their consistent delivery of outstanding customer experiences, marked by high guest satisfaction scores, adherence to mandatory training protocols, and exemplary standing throughout the year.

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Embracing the Mobile Revolution: The Rise of Contactless Hospitality

According to a recent study conducted by Oracle in 2022, a staggering 73% of travelers expressed a strong desire to leverage their smartphones for a range of hotel-related tasks, including booking reservations, checking in, and even ordering room service.

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China to allow visa-free entry to citizens from 6 more European countries

China has expanded its visa-free entry policy to include citizens from six additional European countries: Switzerland, Ireland, Hungary, Austria, Belgium, and Luxembourg.

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Chip Rogers Resigns as CEO of American Hotel & Lodging Association

In a LinkedIn post, Rogers said the last five years of his life have been “amazing”, but that the job had meant more than “450 nights on the road”. He continued: “Now, it’s time for a break. I’m leaving the American Hotel & Lodging Association, but I know I’ll see you all soon!”

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Strategies to Combat Hotel Theft: Safeguarding Hospitality Assets

Combatting hotel theft requires a multifaceted approach that addresses both preventive measures and reactive strategies. Here are some effective tactics to reduce instances of theft within hotel premises:

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Unveiling the Shadows: Insights into Hotel Theft

In a revealing glimpse into the darker side of hotel hospitality, a survey conducted by Hotels.com in 2014 uncovered a startling statistic: approximately 35% of guests confessed to engaging in acts of theft during their hotel stays.

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Leveraging Booking.com: Unlocking the Power of a Global Travel Brand

In the dynamic landscape of travel and tourism, the crown jewel of brand value doesn't belong to a traditional accommodation provider or a prominent airline. Surprisingly, it's Booking.com that reigns supreme, boasting a staggering brand value of $8.9 billion according to Brand Finance's 2021 rankings.

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Navigating Loyalty Programs: Millennial Preferences vs. Older Travelers’ Choices

A comprehensive study conducted by PricewaterhouseCoopers (PwC) has shed light on a fascinating trend: the divergent preferences of different age groups when it comes to redeeming loyalty points

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Combatting Real Estate Fraud: Safeguarding Integrity in Transactions and Protecting Future Generations

It is likely that similar fraudulent activities are occurring in various jurisdictions globally, and it is incumbent upon stakeholders to remain vigilant and informed about such deceptive practices.

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