NOVEMBER 23, 2023 – Travelodge Canada is pleased to announce the opening of its latest location in Fort McMurray, Alberta. The Travelodge by Wyndham Fort McMurray expands the brands presence in northern Alberta, while adding to the more than 100 Travelodge by Wyndham and Thriftlodge branded hotels across the country.

The Travelodge by Wyndham Fort McMurray opened to guests on Wednesday, November 22^nd with 83 comfortable guestrooms, an on-site fitness center and complimentary WiFi throughout the premises. The property also offers free hot breakfast, free on-site bus and truck parking, and a well-equipped business center to ensure guests remain connected during their stay. Surrounded by numerous dining options, the hotel is conveniently situated along highway 63, just minutes from downtown Fort McMurray, the oil sands region, and the Fort McMurray International Airport.

“The Travelodge by Wyndham Fort McMurray offers our guests tremendous value with many great guest amenities and a fantastic location” said Trevor Hagel, Executive Vice President, Operations, Travelodge Canada. “Whether staying for work or for pleasure, this property will allow you to make the most of your stay in Fort McMurray”.

This property opening is the fifth Canadian opening for the Travelodge by Wyndham brand this year, with several openings slated to come in 2024.

HVS and STR are pleased to provide you with the quarterly report of the Canadian Lodging Outlook. Each report includes occupancy (Occ), average daily rate (ADR), and revenue per available room (RevPAR) for six major markets.

Source: STR

Source: STR

If you would like detailed hotel performance data for all of Canada, STR offers the Canadian Hotel Review, which is available by annual subscription. For further information, please contact: This email address is being protected from spambots. You need JavaScript enabled to view it. or +1 (615) 824-8664 ext. 3504.

HVS Canada performs major portfolio appraisals and single-asset consulting assignments and valuations from coast to coast. Our professional team is expert in appraisal work, feasibility studies, market studies, portfolio valuation, strategic business planning, and litigation support. The managing partners in the Montreal, Toronto and Vancouver practices have their AACI, MAI, and MRICS/FRICS appraisal designations, and all associates are candidate members of the Appraisal Institute of Canada. HVS partners and associates are also members of the Appraisal Institutes of Alberta, New Brunswick, and Nova Scotia. Our bilingual associates enable us to work in French, which is of utmost importance in the provinces of Quebec and New Brunswick.

WASHINGTON – 22 November 2023 – Following seasonal patterns, Canada’s hotel performance fell month over month, but continued a stretch of year-over-year growth, according to CoStar’s October 2023 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

October 2023 (percentage change from October 2022):

Occupancy: 68.1% (+2.2%)

Average daily rate (ADR): CAD196.25 (+8.8%)

Revenue per available room (RevPAR): CAD133.57 (+11.2%)

“Following three months of single-digit, year-over-year growth, RevPAR grew double-digits for the first time since June,” said Laura Baxter, CoStar Group’s director of hospitality analytics for Canada.

“Full-service and urban hotels performed particularly well, with weekday occupancy in downtown Vancouver exceeding 2019 levels for the first time since March. There was also growth in group demand compared to the last few months, but despite improvements, the segment remains below average levels. The silver lining is group rates, which are up 26% compared to 2019, were stronger than the transient rate index for the first time.

“Higher occupancy this year has driven revenue across all departments within full-service hotels. But higher occupancy and elevated costs are eroding margins achieved last year when leaner hotel operating models were combined with strong ADR growth. This year, inflated costs are lowering margins, particularly undistributed expenses and higher wages.”

Among the provinces and territories, Nova Scotia recorded the highest October occupancy level (75.0%), which was 6.3% below 2022.

Among the major markets, Vancouver saw the highest occupancy (77.7%), which was 0.1% ahead of October 2022.

The lowest occupancy among provinces was reported in Prince Edward Island (56.0%), down 25.8% against 2022. At the market level, the lowest occupancy was reported in Edmonton (+10.1% to 59.5%).

“Our just-released forecast for 2023 was upgraded once again as rate growth surpassed expectations,” said Baxter. “We have also lifted ADR projections slightly for 2024, at 1.8%, while occupancy growth is forecasted to be more marginal at 0.4%. This is despite a 0.4% GDP contraction expected to occur as people continue to prioritize travel against the backdrop of muted hotel inventory growth.”

For more information about the company and its products and services, please visit www.costargroup.com.

VANCOUVER, BC, Nov. 22, 2023 /CNW/ - The Macallan is collaborating with Four Seasons Resort and Residences Whistler to unveil The Library by The Macallan, an unparalleled experience within the alpine property's library space. From December 15^th, 2023, to March 31^st, 2024, The Macallan will offer bespoke, fireside cocktails and elevated bar snacks in an atmosphere steeped in warmth and timeless elegance.

The Library by The Macallan is inspired by the refined charm of a classic library and the understated sophistication of a whisky salon, setting the tone for a unique, mountain-side experience where connoisseurs and novices alike will savour the exquisite craftsmanship for which The Macallan is renowned.

"We are thrilled to partner with Four Seasons Resort and Residences Whistler to showcase the outstanding quality and distinctive character of The Macallan," says Justyna Maksymiw, Brand Manager, The Macallan Canada. "For three months, a bespoke selection of cocktails featuring The Macallan can be enjoyed in the ambiance of the library, an ideal setting for après-ski conversation and savouring the world's leading single malt Scotch whisky."

The carefully curated menu will feature cocktails and zero-proof options, informed by the candied ginger, dark fruit, and winter spice character inherent to The Macallan. These flavours are harmoniously paired with elements from Whistler's flora, including pine needle tincture and local honey, resulting in a symphony of flavours – from bold and sophisticated, to refreshing and sweet; smooth and delicate, rich, and fiery, and everything in between.

Highlights include the Old Fashioned De La Frontera, capturing the essence of The Macallan Sherry Oak 12 Years Old, and Cloud Atlas, a delightful tribute to the same expression. Between Pages and Spicy Letters pay homage to the Double Cask 12 Years Old, while El Dorado has been masterfully crafted with The Macallan M, offering an ideal balance between sweet and spicy for the discerning palate. Steamed Bookmark and Notes on Ice are delightful spiritless beverages, served hot and cold respectively.

For discerning guests seeking additional offerings from The Macallan, The Library by The Macallan will offer an extensive collection of more than 12 different expressions – the largest available in Whistler.

Complementing the exceptional cocktail menu is an assortment of bar snacks, expertly paired to enhance the delicate notes in each drink, creating a truly immersive experience for every guest.

The Library by The Macallan will be open daily from 4:00pm to 10:00pm from December 15^th, 2023, to March 31^st, 2024. This is an exclusive experience, so reservations are highly recommended and can be arranged via This email address is being protected from spambots. You need JavaScript enabled to view it..